Just saw a shocking news - Fed chairman Powell might resign on December 1?
It is said that an insider revealed that he will officially announce this matter at an emergency meeting next Monday at 7 PM (Eastern Time). This timing is quite subtle, as various uncertainties are already high approaching the end of the year.
To be honest, it's really hard to determine whether this is a blessing or a curse for the cryptocurrency market. The change of leadership at the Fed has always been a major event that can influence the entire situation, especially since the market is currently stagnating at a critical point. The future movements of mainstream coins like BTC and ETH will likely depend on the style of the new chairman.
Let's wait and see; the market will soon provide the answer.
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Just saw a shocking news - Fed chairman Powell might resign on December 1?
It is said that an insider revealed that he will officially announce this matter at an emergency meeting next Monday at 7 PM (Eastern Time). This timing is quite subtle, as various uncertainties are already high approaching the end of the year.
To be honest, it's really hard to determine whether this is a blessing or a curse for the cryptocurrency market. The change of leadership at the Fed has always been a major event that can influence the entire situation, especially since the market is currently stagnating at a critical point. The future movements of mainstream coins like BTC and ETH will likely depend on the style of the new chairman.
Let's wait and see; the market will soon provide the answer.