#TrumpVsPowell 🚨 Trump’s Push to Fire Powell: Economic Chaos or Crypto Boom?
President Trump’s escalating feud with Fed Chair Jerome Powell, calling for his “termination” and studying removal, could make history—and shake markets, per Reuters. Firing Powell, unprecedented in modern U.S. history, risks economic turmoil but might spark crypto. With my $50 trading bag, here’s my take. 📉
Economy: Powell’s exit could crash stocks (S&P 500 down 2% already) and weaken the USD, as Sen. Warren warns, citing Fed independence loss. Tariffs plus no rate cuts could spike inflation (2.4% now) and slow growth, risking stagflation.
Crypto: X posts (@DeFiMidas) see a Powell firing fueling a 2021-style pump—BTC (83K) and alts like SOL (135) could soar with cheaper money if a Trump loyalist slashes rates. But short-term dips are likely from market panic.
I’m scalping SOL dips (130–$140) on Binance, staying StaySAFU. Bullish or bearish? Drop your vibe! 💬