Unconfirmed reports suggest U.S. Federal Reserve Chair Jerome Powell could announce his resignation later today. While this remains a rumor, if true, it would be a seismic event for markets.
Why It Matters:
Federal Reserve Independence: Markets would immediately question the Fed’s future direction.
Interest Rates & Inflation: Uncertainty over monetary policy could drive extreme volatility.
Market Stability: Risk assets like $BNB, $RESOLV, and AUCTION may see rapid price swings depending on confirmation and reaction.
Trader Guidance:
This is unconfirmed. Avoid trading based solely on rumors.
Monitor official statements closely.
Prepare for potential volatility spikes in crypto and traditional markets.
Current Prices:
$BNB – 875.14 (-0.49%)
$RESOLV – 0.1317 (+33.57%)
$AUCTION – 6.52 (-11.05%)
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