Breaking news coming from the north! 📣 The Federal Reserve is shaking things up, and this, watch out!, could shake the ground for all of us in the crypto scene. Get ready for the analysis. 😉
Hold on, my people! Claire Quigley, one of the governors of the Federal Reserve (Fed), the institution that manages the dollar in the United States, is leaving us next week! 🚨 This opens a huge door for President Trump to place his pick in that important position. And why should we care about this as Latinos and those of us involved in cryptos? Because whoever arrives there could directly influence how money moves and, therefore, how our investments perform. 📈📉
Imagine that the Fed is like the conductor of the economy. If the conductor changes or a new one comes in with different ideas, the melody can change radically! 🎶 Trump, back in 2018, appointed two governors who gave a twist to economic policy, and this, of course, impacted the markets and even the value of our digital currencies.
For now, the markets are calm, like at the beach, with no big wave in sight. 🏖️ But analysts are already scrutinizing. They say that the new appointment may influence monetary policies, those that decide whether there is more or less money circulating and at what cost, which ultimately affects all risk assets, including our beloved cryptocurrencies! If monetary policy tightens, how do you think your Ethereum or Bitcoin would fare? Think about it… 🤔
For example, Ethereum (ETH), which is around $3,547.21, has had its ups and downs. It rose by 4.11% in the last 24 hours, but has fallen by 8.29% in the last week. This shows us how volatile the crypto world is and how any movement in high economic spheres can give an unexpected push or drop. 🎢
In summary, Quigley's departure is not just desk news; it's a key move that could redefine the economic path of the United States and, by extension, generate waves that will be felt even in our pockets and in the value of the cryptos that excite us so much. So, keep an eye on who Trump appoints, because that could be the next big player on this global board. ♟️
Stay connected and alert for the upcoming moves, as this is just the beginning!$BTC $ETH $SOL
