**[Analysis: Crypto Market Sentiment Reverses, Investigation Surrounding Fed's Powell May Inject "Risk Premium" into Bitcoin]** Odaily Planet Daily News – This week, the crypto market experienced the largest short squeeze since the "1011 crash," with investor sentiment shifting from fear to greed. Nicolai Sondergaard, a research analyst at crypto data analytics platform Nansen, stated that rising uncertainty about the Federal Reserve's independence and increasing geopolitical concerns are structural bullish factors for Bitcoin. While precious metals remain the primary beneficiaries in the current market environment, Bitcoin is increasingly becoming part of the discussion as an alternative reserve asset. Moreover, the criminal investigation into Federal Reserve Chair Jerome Powell could potentially bring a "risk premium" to BTC. Market data shows that Bitcoin's price has risen 10.6% year-to-date, while the U.S. Dollar Index (DXY) has increased by 0.75% over the same period. (Cointelegraph)