Last night, the crypto world’s "Black Monday" had not yet calmed down when an even bigger "black swan" erupted – Trump suddenly announced the dismissal of The Federal Reserve Board of Governors member Cook! As soon as the news broke, the BTC, which had just stabilized, panicked again, falling 0.3% within an hour, hitting a low of $111,200, with the pressure on the 110,000 dollar support level sharply increasing. Meanwhile, institutions are quietly increasing the position. In this wave of "policy storm + market panic", should we escape or wait?


First, let's clarify the timeline: On the evening of August 25, BTC dropped from $113,000 to $111,594, evaporating $67 billion in 24 hours; then, at 9 PM local time, Trump posted on "Truth Social", directly dismissing Federal Reserve Board of Governors member Lisa Cook, citing her alleged involvement in misleading mortgage information — this not only stirred the Fed but also threw a bucket of cold water on the already panicked crypto world.
TRUMP0.83%
BTC1.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)