Ranking/Trump fires SEC Chair, nominates crypto-friendly replacement
PersonnelHigh confidence

Trump fires SEC Chair, nominates crypto-friendly replacement

β€œGensler is gone. We need someone who understands crypto and innovation.”

Market Reaction

+5 min after statement

Before & After

Price changes before (leading up to) and after the statement

BEFORE β—€β–Ά AFTER
Asset-1 day-1 hour-5 min+5 min+1 hour+1 day
BTC+3.19%-0.24%-----0.17%-2.81%
DXY-0.02%-0.02%-----0.03%-0.49%
GLD+1.22%+0.03%---0.03%-0.03%-0.09%
SPY+0.56%-0.07%---0.33%-0.33%-1.09%
TLT-1.09%+0.02%---0.03%-0.03%+0.82%
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