Trump Fires Fed Governor, Crypto Market Suffers Steep Plunge

President Trump’s dismissal of Federal Reserve Governor Lisa Cook has sent shockwaves through the cryptocurrency market, resulting in significant losses for Bitcoin, Ethereum, Solana, and Dogecoin. The firing triggered a cascading effect, with over $829 million in liquidated positions across various exchanges. This event raises concerns about Fed independence and its impact on monetary policy stability. As uncertainty reigns, crypto experts and investors alike grapple with the implications of this unprecedented move by the President.