Cook Just Joined The Hawks — Crypto Should Worry The last major dovish Fed Governor has shifted. Lisa Cook admitted inflation is “heading in the wrong direction” and signalled openness to rate hikes if cooling doesn’t arrive. This strengthens the hawkish consensus at the Fed. Key Trigger: April CPI hit 3.8% — highest since June 2023 and well above target for five years straight. What It Means for Crypto: Rising rate hike expectations are pressuring risk assets. $BTC dropped to $74K, $ETH near $2,100, with $SOL, $XRP, $BNB, and most alts under heavy selling. Most Exposed: AI tokens ($TAO, $RENDER, $FET), L2s, and memecoins ($DOGE, $PEPE, $WIF) are getting hit hard Winners: Gold proxies ($XAUT, $PAXG), privacy coins ($ZEC), and stablecoins. Escape Hatch: Sharp weakness in upcoming jobs data could flip the narrative back toward cuts. Stay defensive. Watch CPI and labour numbers closely. Not financial advice — DYOR. #FedCookTurnsHawk