Kevin Warsh just proved that bankers hate XRP and crypto
He said lots of words yesterday, but one chart tells one story: Big bankers hate XRP and crypto.
Let’s face it, bankers hate crypto.
Just look at the chart. The selloff started precisely at 2pm yesterday.
Kevin Warsh refused to cut interest rates yesterday, and within seconds, the entire crypto market crashed.
This was his first FOMC meeting as Fed Chairman.
Donald Trump gave Warsh one job: Cut rates.
Instead, he held the federal funds rate steady, stripped out every hint of future easing, PLUS told the world the Fed would continue its “collegial” debates about future decisions. That meant one thing: Bankers would keep listening to Jerome Powell, who is, in case you forgot, still on the Board.
Then all the big bankers laughed as the total crypto market cap incinerated billions of dollars within minutes.
There you have it, folks. They don’t even try to hide their hatred of crypto anymore.
Not a coincidence. Just another banking cartel punishing speculators.
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