Powell's Declaration of Innocence: I Really Have Nothing to Do with Bitcoin

At 3 AM on December 19th, Eastern Time, Powell, looking serious on the stage of the press conference, announced: "The Federal Reserve is not allowed to hold Bitcoin, and we have no intention of changing the relevant laws."

This was supposed to be a serious official statement, but due to Powell's wording and timing, the whole affair seemed somewhat absurd. The market reacted immediately, and onlookers couldn't help but chuckle to themselves.

After all, Powell's words hinted at a contradictory obsession: a person who claims to be 'insulated' from Bitcoin is so insistent on emphasizing his distance from it. This almost 'don’t pay attention to me' attitude resembles a child trying to attract attention.

The Thunder in the 'Late Night'

Following the press conference, Bitcoin plummeted, dropping nearly 5% within an hour. Some market analysts joked: "It seems Powell's statement is more effective than Bitcoin miners."

Meanwhile, social media was filled with mockery and sarcasm:

One netizen wrote: "Is Powell afraid he’ll get caught buying Bitcoin secretly one day? This statement sounds like a precautionary measure."

Another commented: "Thanks to Powell for this price drop; I can finally grab some cheap coins!"

As a seasoned cryptocurrency investor, I share my experiences and insights. Interested in the crypto world but don’t know where to start? Follow me, check my homepage, and join the group to achieve freedom in this bull market.