Something interesting just happened, and it could seriously impact the crypto market. Jerome Powell held his final press conference as Fed Chair. But here’s the catch – he’s not leaving the Fed entirely. He will remain on the Board until 2028. Still has a voice. Still in the room.

What did he say at this conference? Something like: I’ve been planning to retire for a long time, but the events of the last three months left me with a choice – to stay. He’s leaving on May 15, but this is not the end of the story.

Now, to the main point. Kevin Worch went through the Senate Banking Committee 13-11 along party lines. He is almost guaranteed to become the next Chair. Trump wants rate cuts, Worch says he will be independent. Sounds good on paper, but here’s where it gets interesting.

Today, four Fed members expressed disagreement. For the first time since 1992. Some even want hikes instead of cuts. Jerome Powell will watch this from his seat on the Board. The Fed is entering a new era of division. And the Department of Justice? It closed its investigation into Powell but reserved the right to reopen it at any moment. This power struggle has simply gone underground.

For crypto, this means one thing – uncertainty. If rates are cut, liquidity will flow, and Bitcoin could break above current levels. It’s trading around 82K now. If the Fed remains divided, volatility will only increase.

The question is whether Worch will surprise Trump and truly be independent or follow the administration’s plan. That will determine where liquidity flows. The crypto community is watching every move of the Fed closely. It’s not just politics – it’s money, and money moves markets.