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Fed Chair Change Countdown! Will Bitcoin face a “major shakeup” on May 15? Looking back at history, this time is different!
A hawkish new chair + strong employment data—both boosting pressure—mean the odds of rate cuts have plunged, and BTC’s mid-term trend is set for a repricing!
“On May 15, Bitcoin may see a change of fate.”
You think it’s just a routine leadership change at the Fed? No—this is the most influential leadership transition in decades.
Kevin Walsh, a man far more hawkish than Powell, will officially take charge of the Federal Reserve on May 15. At the same time, April non-farm employment came in above expectations for the second straight month, and the ADP data was also explosive.
Rate cuts? Don’t even think about it.
Interest rate strategist Ira Jersey put it plainly: “It’s hard to see the Fed choosing to cut rates in this situation.”