Jerome Powell's hawkish comments sent shockwaves through the crypto market, triggering a massive $211 million liquidation cascade in a single hour. In this episode, we break down exactly what the Fed Chair said, why the market reacted so violently, and who got hit the hardest. Amidst the short-term chaos, however, a glimmer of long-term hope appeared: the White House released its long-awaited, constructive report on crypto policy. We dissect the key takeaways and also cover the major industry news from Coinbase and PayPal, showing that builders keep building, no matter what the Fed says. 

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