Jerome Powell’s Shock Resignation Sends Crypto Markets and Washington Into Chaos

Crypto markets reel as Fed Chair Jerome Powell drops resignation bombshell—just when you thought macro volatility couldn't get worse.

The Powell Put expires

Traders scramble to price in regulatory uncertainty as the architect of modern monetary policy exits stage left. Bitcoin whipsaws 8% on the news while DeFi tokens bleed out.

Washington power vacuum

With Powell's departure, the Fed loses its last adult-in-the-room—just as Congress debates CBDC legislation. Expect political posturing to replace sober economic stewardship.

Silver lining for crypto?

Some degenerate traders already betting this accelerates the 'flight to decentralization' narrative. Because nothing says 'sound money' like meme coin rallies during constitutional crises.

One thing's certain: Wall Street's 'Fed put' just got replaced by pure volatility—and DC's revolving door keeps spinning faster than a stablecoin printer.