Powell Calls DOJ Probe Political as Crypto Volatility Spikes 🇺🇸⚠️
Fed Chair Jerome Powell has publicly denounced the DOJ’s criminal investigation as a politically motivated attempt to pressure the Federal Reserve’s interest‑rate decisions 🎯📉; he labeled the probe a “pretext” aimed at undermining Fed autonomy.
The investigation, tied to allegations over Powell’s congressional testimony, has injected systemic uncertainty into financial markets, prompting analysts to warn that political interference could destabilize monetary policy and erode confidence in the dollar 💵🔥; several lawmakers argue the probe threatens long‑standing norms of central‑bank independence.
$BNB
Crypto markets reacted sharply, with Bitcoin showing heightened volatility as investors reassess its role as a hedge against politicized financial systems 📊⚡; experts suggest sustained political pressure on the Fed could strengthen long‑term demand for decentralized assets.
$BNSOL
#️⃣ #CryptoVolatility #FederalReserve #BitcoinNews #MarketSentiment