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Two market-moving events land tomorrow: the Federal Reserve's first major meeting under newly sworn-in chair Kevin Warsh, and NVIDIA's closely watched earnings. Both have direct implications for crypto.
On the Fed side, Warsh's hawkish reputation has markets pricing out rate cuts. Experts are flagging uncertainty around central bank independence under White House pressure. If Warsh signals higher-for-longer tomorrow, expect another leg down for risk assets. On the other hand, BTC just reclaimed $77K after dipping to $76K, helped by a potential US-Iran deal narrative and Strategy's massive $2B BTC buy.
NVIDIA is the other wildcard. A blowout earnings report could reignite AI optimism and pull risk capital back into growth assets -- a miss would compound the sell-off. The Venn diagram of "crypto traders" and "NVIDIA watchers" has never had more overlap. How do you think Fed + NVIDIA together will move BTC tomorrow?
#FedMeetsNVIDIAMay20
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