Bitcoin (BTCUSD)

[ATDS FB CULT]

Good point

But if the contagion is a real threat, then it really doesn't matter who is getting bailed out.

If I were Powell

I would say no intervention come Monday, the market begins to tank, over the next few days he gets the political capital to intervene with a bailout with congressional approval. This way, he is asked to step in anddddd he gets a nice gut punch to the economy in which he needs. If done right, the bailout will slow the sell off, but not send the market soaring higher because then he has a problem still
He would say, this isn't a bailout and their will be pain as a result but we won't let the contagion into the broader banking sector.
Or, no one has any clue what so ever