Crypto Twitter is buzzing after a new rumor surfaced: Federal Reserve Chairman Jerome Powell allegedly bought a large amount of $ETH before delivering his speech yesterday.
While unconfirmed, the whispers have sparked debate across the market — and traders can’t ignore the timing.
Why the Rumor Matters
Market Timing
Powell’s speech had a dovish tone, hinting at softer monetary policy ahead. Right after, Ethereum rallied, leaving many wondering: coincidence or insider positioning?Narrative Fuel
If true, this would be explosive — the most powerful central banker in the world betting on Ethereum before signaling policy shifts.Symbolic Impact
Bitcoin has long been the “macro hedge” asset. But Powell allegedly choosing Ethereum could show where future attention (and value) might flow.
Community Reaction
Some traders call this pure FUD meant to pump ETH.
Others believe “where there’s smoke, there’s fire”, pointing out unusual ETH whale activity before the speech.
Memes are flooding in: Powell photoshopped as a DeFi yield farmer, and ETH bags under the Fed desk.
The Bigger Picture
Whether the rumor is true or not, the market takeaway is clear:
Ethereum is becoming the institutional favorite.
Any connection to central banking figures gives ETH more legitimacy.
Narratives alone can spark massive capital rotation in crypto.
Final Word
For now, this remains a rumor without hard proof. But the timing of Powell’s speech, dovish signals, and ETH’s strong price action are enough to keep traders talking.
After all — in crypto, perception often moves markets faster than facts. 🚀