According to Crypto Rover, Treasury Secretary Scott Bessent has warned that removing Federal Reserve Chair Jerome Powell could significantly unsettle financial markets, including the volatile cryptocurrency sector. Such a move could lead to increased market instability and affect trading decisions. Bessent's caution highlights the potential for heightened volatility in Bitcoin and Ethereum markets, as investors may react unpredictably to changes in U.S. monetary policy leadership.

According to Crypto Rover, the Treasury Secretary's recent comments about exploring the future of any Bitcoin acquisition have led to increased market speculation. The statement suggests potential government interest in Bitcoin, which could influence trading strategies and market dynamics.

According to Eleanor Terrett, White House Crypto Czar @davidsacks47 announced that @realDonaldTrump has signed an Executive Order to establish a strategic $BTC reserve using assets already owned by the federal government. The Secretaries of Treasury and Commerce, @howardlutnick and Scott, are involved in this initiative.