Breaking: The DOJ has opened a criminal investigation into Fed Chair Jerome Powell.

While the official reason is a dispute over the Fed's $2.5B headquarters renovation, Powell is fighting back. In a rare video statement, he called the probe a "pretext" to force the Fed into politically motivated rate cuts.

The Market Reaction: > * Gold just hit a new all-time high of $4,579.

The USD Index is dropping as investors fear political interference in monetary policy.

Is this the end of Fed independence? And more importantly, is this the "black swan" event that pushes Bitcoin to $200k?