#BinanceLeadsQ1 How will Trump's Powell threat effect Bitcoin?

Trump criticized Fed Chair Powell again for his unwillingness to drop rates, suggesting he should be replaced.

The animosity between Trump and Powell might drive investors into Bitcoin, according to Grindery's Tim Delhaes.

Another observer said that the incident emphasizes the necessity for clear, political-free crypto laws.

Bitcoin gained slightly Friday, trading over $84,000.

Bitcoin (BTC) surged over $84,000 on Friday after President Donald Trump criticized Fed Chairman Jerome Powell for not reducing interest rates on time. Trump encouraged Powell to decrease US rates by 25 basis points after the ECB did so. Trump also suggested removing Powell, saying his "termination cannot come too fast."

In a Truth Social tweet, President