Gold and Bitcoin plummet, the US dollar stages a strong comeback! "Devaluation trading" rapidly declines as Powell takes charge of the Federal Reserve and becomes the core driving force.

According to the Wisdom Financial APP, gold and bitcoin are collectively weakening, the US dollar is making a strong comeback, and the popular "devaluation transaction" that has prevailed in the market for two years is crumbling. The root of all these changes can be traced back to January 30, when US President Donald Trump nominated Kevin Warsh as the Chairman of the Federal Reserve.