Altcoin The king tested $ 3,400 by carrying his daily earnings to a 12 percent limit at the time of preparing the article. Are we surprised? Of course no, because the closures that lasted over $ 3,050 were already expected to continue for $ 3,500. It wouldn’t be surprising to test the $ 4,000 in a few weeks. Alright Eth What’s the latest situation for? Powell what will happen? If Powell resigns, why not crypto coins? Let’s quickly give the answers to all this.
Powell expenses crypto coins fall
E, but why would crypto currencies fall when the interest rates are withdrawn with the hands of the new president? With crypto coins, the US stock markets move greatly. Federal Reserve President Jerome PowellSpeculation on the fate of the fate of the crypto currencies today caused rise in the US markets in a short -term storm.
Behind Trump He explained that he did not have a plan to dismiss it, and that he only evaluated it, and we saw recovery again. When the White House official says, “Trump will soon be out of position Powell, Tr Trump is in the mode of“ what has it to do with it ”mode. This is not surprising for Trump. Trump is not what he says, not what he’s saying.
Unlike Trump, the important majority of market experts are thinking about things. For example, the tariffs are inflationary, and with the latest tax law, Trump folds the US debt while the tariffs will be strawberries at the top of the cake and inflation will increase. We see the same thing in the script where Powell was dismissed. Trump will think that this is not very serious, so he can make expelling plans. However, experts think that such a situation will shake global markets.
In the script where Powell was dismissed, no one will believe in the independence of the Fed. The Fed’s policy does not have the credibility because a central bank under political pressure is not considered as an institution to be taken seriously. Finally, there is no religion of markets or money. In other words, the national currency loses value, the stock market loses value, and the dollar is a global reserve currency, and the whole world needs to be folded.
Perhaps Trump is trying to make the dollar less valuable and get a trade advantage, and that’s why he is so brave? Dual -digit tariffs, explanations that Powell will be fired, the gossip headlines that Powell has made corruption?
Crypto Coins The dismissal of Powell for it will have negative results. We had a similar process in recent weeks with the stock exchange BTC fell. Although the crypto seems to be strong because it is positively decomposed in the process, we know that the periods when such a serious positive period remained serious.
If you force your imagination, you can think of the days when the crypton is positive in a world where the FED lost confidence and that BTC is considered the only safe shelter in an environment where the world’s largest central bank is not independent.
Ethereum (ETH)
Ethereum (ETH) 
$3,157.06 price The lock is moving towards $ 3,522. If the support level can maintain $ 3340, it can test the resistance and then reach $ 3,743 and $ 4,072. For now, $ 3,500 seems to be a very reasonable target. Pepe Coin Let us remind you that this movement has a serious rally opportunity.
ETHBTC The graph is just like we dreamed today.
There is a movement that continues to 0.03BTC, and ETH in front of the BTC after 142 days, says, “I’m not dead,” he says. It has initiated a real turn from the bottom and the daily closing over 0.027btc can have great results.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
