🚨 Big news: Jerome Powell has officially stepped down as Fed Chair.
This marks a major shift for the markets, and it could have serious implications for crypto. Here’s what to expect:
1. Rate Cuts Might Be Coming Soon
With Powell out, the Fed is entering a transitional period. Historically, the Fed avoids raising rates during leadership changes, which makes a rate cut shortly—possibly as early as July—much more likely. That would be a move to calm markets and restore confidence.
2. More Liquidity Could Spark a Crypto Rally
Lower rates mean easier access to money. In that environment, investors typically look toward high-growth assets like Bitcoin, Ethereum, and other cryptocurrencies. If cuts happen, we could see a surge in riskier sectors, including AI-related tokens, DeFi projects, and meme coins.
3. What Insiders Are Saying
According to someone close to the Fed, there’s pressure from both the White House and Wall Street to act quickly. That suggests we could be entering a period of aggressive monetary easing—think increased liquidity and potentially a renewed appetite for risk assets.
How I'm approaching this:
Shifting into larger, more stable assets like BTC and ETH in the short term
Accumulating high-potential altcoins that have strong use cases or stories
Avoiding leverage for now, since volatility is likely to increase before things settle
Keeping a close eye on ETF news and upcoming Fed statements
My outlook:
If rate cuts begin soon and market sentiment shifts quickly, Bitcoin could push toward $180K by October. Ethereum retaking the $4K level also seems likely, with a broader altcoin rally potentially following shortly after.
Markets have clearly entered a new phase. Right now, it’s all about getting positioned before the next big move.