BTC SLIDES AS FED CHAIR DRAMA INTENSIFIES 🇺🇸🪙
Bitcoin ($BTC
) pulled back sharply after President Trump confirmed he will announce his pick for the next Federal Reserve Chair tomorrow. This isn’t noise — it’s a major macro catalyst. ⚡️ Markets reacted to rising policy uncertainty as Trump signaled support for aggressive rate cuts and faster growth, clashing with the Fed’s cautious stance. Jerome Powell recently held rates steady at 3.50%–3.75%, citing inflation risks. Speculation around Kevin Warsh added pressure, as he’s known for monetary discipline and skepticism toward easy liquidity. 📉💰 BTC fell not on data, but on unclear expectations. Markets hate uncertainty.