Fed keeps rates; Powell stays—BTC faces hawkish pressure

The Fed held interest rates steady at 3.5%–3.75%, and traders had largely priced in the decision. However, Jerome Powell’s plan to remain on the Federal Reserve Board after his chair term ends in May shifted the focus to Fed independence and the policy outlook. Powell said heightened legal and political attacks threaten the Fed’s autonomy. The article also notes that a Trump-era criminal investigation was reportedly closed, but could be reopened if new facts emerge—adding to uncertainty. In addition, three governors dissented against maintaining easing guidance, signaling a more hawkish tilt and weakening market hopes for faster rate cuts. For BTC traders, the impact is immediate and technical. BTC recently slipped below the $75,000 support area and was discussed around ~$78,469 with a sideways profile. Key levels highlighted include resistance near $79,398 and $80,624, and supports around $78,247 and $75,679. The piece flags bearish technical influence (e.g., Supertrend) and suggests upside only if rate-cut expectations strengthen. Bottom line: the Fed independence narrative and a hawkish revision to the expected easing path are framed as near-term sentiment/liquidity headwinds and longer-term credibility risks for BTC.