Bitcoin, XRP, Ether Bounce Back as Fed Independence Fears Mount—Here’s Why It Matters
Crypto markets staged a sharp rebound overnight—just as analysts warned of a looming crisis for the Federal Reserve’s autonomy. Here’s what’s fueling the rally… and the regulatory chaos ahead.
The Fed’s credibility problem just got worse
While Bitcoin clawed back above $60K and altcoins followed suit, whispers of political pressure on central bankers grew louder. Traders shrugged—after all, nothing says 'healthy market' like volatility fueled by institutional drama.
XRP and Ether lead the charge
Ripple’s token and Ethereum both gained 5%+ in the recovery, proving once again that crypto loves a good narrative vacuum. Meanwhile, traditional finance types clutched their pearls over—wait for it—governments doing government things.
The takeaway? Decentralization’s selling point just got sharper. And if you believe this rebound has anything to do with 'fundamentals,' we’ve got a bridge in Brooklyn to sell you—NFT edition, of course.