The Treasury Minister warns of the impact of the removal of the Federal Reserve Chairman Powell on the encrypted currency markets Flash news details

On April 17, 2025, Treasury Secretary Scott Bessin issued a blatant warning that the removal of the Federal Reserve Chairman Jerome Powell could lead to significant fluctuations in the market (Crypto Rover, April 17, 2025). This announcement came at a time when the cryptocurrency market was already suffering from fluctuations. For example, Bitcoin (BTC) witnessed a decrease in prices by 2.3 % from $ 65,000 to $ 63,500 between 10:00 am and 11:00 a.m. EST on the same day (Coinmarketcap, April 17, 2025). ETHEREUM (ETH) followed a similar trend, decreasing by 1.8 % from $ 3200 to $ 3,140 in the same time frame (Coinmarketcap, April 17, 2025). Besent, along with these price movements, has increased investor concerns about market stability in the face of potential political transformations in the Federal Reserve.

The instant trading effects of Bessent’s statement were visible in the increasing volatility across various trading pairs. For example, the BTC/USD pair witnessed a 15 % increased trading volume to 2.5 million BTC trading within an hour of advertising (Binance, April 17, 2025). Likewise, the ETH/USD pair witnessed a 12 % increase in trading volume, reaching 1.8 million ETH (Binance, April 17, 2025). These nails indicate in trading activity that traders were interacting with the impact of the potential market for change in the Federal Reserve leadership. Moreover, the fear index increased, as measured by the Crypto Fear & Greed index, from 45 to 52 during the same period, indicating a shift towards more fear in the market (Alternative.me, April 17, 2025). This volatility and increasing fear may lead to the adoption of more cautious strategies, which may affect the morale of the total market.

After implementation, technical analysis of the market reveals many major indicators. The RSI (RSI) index of Bitcoin has decreased from 70 to 65, indicating a shift from its clarification to a more neutral area (TradingView, April 17, 2025). The indicators of the Ethereum Administration Conference also decreased from 68 to 62, indicating the cooling of the market (TradingView, April 17, 2025). The scales on the series provide additional visions, while the Bitcoin retail rate remains stable at 350 EH/S, indicating that miners were not greatly affected by news (Blockchain.com, April 17, 2025). However, the number of active bitcoin addresses decreased by 3 % from 900,000 to 873,000, indicating a possible decrease in network activity (Blocchain.com, April 17, 2025). These technical and objective data points indicate that while the market interacts with the news, the basic infrastructure is still strong.

For news related to AI, the effect on artificial intelligence symbols was noticeable. For example, Singularity (AGIX) witnessed a 5 % increase in price from $ 0.50 to $ 0.525 after the announcement, indicating a possible trip to the assets related to the Acting amid uncertainty in the broader market (Coingecko, April 17, 2025). This movement is associated with artificial intelligence symbols with a slight increase in the trading volume of major encrypted currencies like Bitcoin and Ethereum, with the AI’s trading algorithms that may contribute to these transformations. The relationship between the developments of artificial intelligence and the feeling of the encryption market was evident, as the morale analysis platforms driven by artificial intelligence informed 10 % in negative morale with regard to the stability of the market (feelings, April 17, 2025). This indicates that artificial intelligence techniques increasingly affect market dynamics and trading strategies, providing traders with new opportunities in Crypto Crossover.

In short, the warning of the Treasury Secretary Scott Payet was about the possible removal of the President of the Federal Reserve, Jerome Powell, immediate and important effects on the encrypted currency market. Traders must closely monitor these developments, as they may lead to more fluctuations and transformations in market morale. The interaction between artificial intelligence technologies and the encryption market also provides new chances of trading, especially in AI’s symbols.

What effect can the potential removal of the Federal Reserve Chairman Jerome Powell in the encrypted currency market?
The potential removal of the President of the Federal Reserve Jerome Powell can increase market fluctuations, as it appears with immediate low prices and increased trading volumes in Bitcoin and Ethereum after the scott Bessant minister warning. Such a change can affect the investor’s confidence and market stability, which may lead to more important fluctuations in the prices of encrypted currency.

How was the reaction of the symbols associated with the behalf of the modern market news?
Distinctively relevant intelligent symbols such as Singularity (AGIX) showed a positive reaction to recent market news, with an increase in the price of 5 % after the announcement. This indicates that investors may turn into symbols of artificial intelligence as a hedge against the broader uncertainty in the market, highlighting the increasing impact of artificial intelligence technologies in the encryption market.

What are the technical indicators that merchants should see in the current market environment?
Traders should pay close attention to the RSI ROM index (RSI) major encrypted currencies such as Bitcoin and Ethereum, as well as scales on the chain such as retail rate and active addresses. RSI can help determine excessive conditions in peak or sale, while standards on the series provide an insight into the network health and activity.