The Fed’s chair is still a hot seat
Waller has spoken up, and Trump’s threats to the Fed’s independence haven’t paid off—for now. It sounds like a score update at the end of the first round of a boxing match: the referee is still watching the clock, the fighters are catching their breath in the ring, and who wins depends on the next punch.
The moment rate expectations shift, $BTC starts jumping all over the place. Leveraged traders get hit on both the long and short sides, and liquidations happen faster than Powell can issue a statement.
Reply 1 if you’re betting the Fed’s independence holds. Reply 2 if you’re betting Powell moves on before year-end. And while you’re at it, tell us where your liquidation price is.
$BTC $ETH
Waller has spoken up, and Trump’s threats to the Fed’s independence haven’t paid off—for now. It sounds like a score update at the end of the first round of a boxing match: the referee is still watching the clock, the fighters are catching their breath in the ring, and who wins depends on the next punch.
The moment rate expectations shift, $BTC starts jumping all over the place. Leveraged traders get hit on both the long and short sides, and liquidations happen faster than Powell can issue a statement.
Reply 1 if you’re betting the Fed’s independence holds. Reply 2 if you’re betting Powell moves on before year-end. And while you’re at it, tell us where your liquidation price is.
$BTC $ETH