Is the Fed’s independence under fire? Here's what it could mean for crypto & your bags!
Uh oh 😬—Trump’s
$TRUMP at it again. Word is, he’s drafted a letter to fire Fed boss Jerome Powell. Yup, the guy who controls interest rates—the same ones that make your rent higher and BTC pump harder 💥.
Why care? If Powell’s ousted, markets could spiral. 📉 Investors hate surprises, and this one’s a biggie. Deutsche Bank even said it could trigger a full-on financial quake—we’re talking bond chaos, fiat shake-ups, and yep... major crypto swings.
Right now, Bitcoin’s chilling at $118.6K, flexing a +2% 24H gain. But if the Fed crumbles, crypto could go moon or doom. 🌕💀
Powell’s silent, but the markets are sweating. Trump says cut rates—Powell says chill. Who wins? If the Fed folds to politics, we could be entering uncharted territory 👀.
Agree with Trump’s move or nah?
Drop your hot take below! 👇 Let’s hash it out 🔥
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