US President Donald Trump has sparked discussions about replacing Federal Reserve Chair Jerome Powell, impacting both traditional and crypto markets. Bitcoin is on the verge of reaching $105,000, with implications extending to altcoins and global macro risk sentiment. Trump's recent statement hints at a new Fed Chair selection, despite Powell's term lasting until 2026. This move could disrupt monetary policy circles, with Trump considering a replacement even before Powell's term ends. The potential change in leadership has caused volatility in Bitcoin, closely tied to Fed credibility and Treasury policy. While legally Trump cannot directly remove Powell, he may nominate a successor earlier. Experts suggest that a Trump-aligned Fed Chair could lead to aggressive rate cuts, benefiting crypto markets. However, the uncertainty surrounding this decision could also trigger global shocks. Read more AI-generated news on: https://app.chaingpt.org/news

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