There are rumors that Federal Reserve Chairman Jerome Powell may resign on Monday.

The markets or Bitcoin have not reacted much so far. If the news is true, it will be perceived as a bad development for the independence of the Federal Reserve.

If a president comes who will lower interest rates in the short term, it could certainly give us a bull run for a year. But in the medium term, the independence of monetary policy is more valuable.

I guess as crypto enthusiasts, we care about the short term here 😁