The Federal Reserve Chair Has Changed!
On January 30th, Trump officially nominated Kevin Warsh to succeed Powell, with a term expected to start from May 2026. This instantly sparked a frenzy in the global financial circle and caused the crypto world to explode—
$BTC plummeted straight from the high of $90,000, dropping over 6% in a day, with the entire market liquidating over $1.6 billion.
You might be wondering: How does the change of the Fed Chair affect me? Why is the price so sensitive? Today, I’ll explain in plain language the real impact of this event on the crypto market.
1. Why did the