Bitcoin, XRP, Ether Bounce Back Overnight as Fed Independence Fears Mount—Here’s Why It Matters

Crypto markets just pulled off a classic recovery move—right as Wall Street starts questioning who really controls the monetary levers.
The Fed’s credibility problem
Bitcoin’s 5% rebound mirrors XRP and Ether’s comeback, but traders aren’t celebrating yet. Not when politicians keep treating central bankers like piñatas at a debt-ceiling party.
Digital gold vs. political pressure
Analysts spot the pattern: every time DC whispers about auditing the Fed, crypto volumes spike. Coincidence? The blockchain doesn’t lie—unlike some balance sheets we could name.
One hedge fund manager puts it bluntly: ‘They’ll print first, ask questions later. Your Bitcoin wallet doesn’t need a bailout.’