NEW ERA 📉

#BitcoinBreaksBelow75KAsWarshTakesFedHelm , investors began comparing what a Federal Reserve under Warsh’s leadership might look like compared to the Powell era.

While Powell is frequently criticized for keeping interest rates high, Warsh is viewed by many as someone who takes an even more hawkish stance; this could mean tighter liquidity and increased pressure on risky assets like cryptocurrencies.

Trump finally got his wish and removed Powell from office, but the impact on the markets remains negative.