Breaking news from the traditional finance sector: Bank of America analysts are flagging a significant development that could reshape near-term monetary policy expectations. Reports of a potential criminal investigation into Federal Reserve Chair Jerome Powell may introduce delays to the anticipated interest rate cut cycle, according to the institution's latest commentary.

For crypto investors, this matters more than most realize. Rate cut expectations have been a key driver of risk asset flows into digital currencies. Any postponement in the Fed's policy pivot could cool near-term bullish sentiment, as higher rates typically increase the opportunity cost of holding non-yielding assets like Bitcoin and altcoins. Market participants should monitor official Fed communications closely in the coming days for any clarification on this matter.