Day 9 of my crypto journey.
The plan today is to wait for the US market's reaction to the president's interference in the Fed.
The dismissal of a board member of the US Federal Reserve is a serious event for stability. It's a direct action that the market could interpret as a frontal attack on the Central Bank's independence, which is the foundation of confidence in the US economy.
What Does This Cause? Uncertainty.
Investors are now asking themselves: "Who will be next? Jerome Powell himself? Will interest rate policy now be dictated by political criteria?"
The Global Reaction 🌏:
The early morning already revealed the market's tone: stock markets in Asia and Europe opened lower, and the US premarket also points to red. The sentiment is one of risk aversion.
Let's wait...
