The probability of Jerome Powell's removal as Fed Chair has dropped to 13%, influenced by President Trump's public support. This endorsement has stabilized expectations around economic leadership.
Trump affirmed he has no intention of dismissing Powell, which has positively affected market confidence. Polymarket's prediction reflects a decrease in likelihood for Powell's removal.
Despite the Crypto Fear and Greed Index rising to 72, there were no significant shifts in token prices or liquidity. Overall sentiment remains positive, with analysts expecting continued stability in the crypto market.
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