#TrumpVsPowell Trump is losing patience. After his repeated attacks on the head of the Federal Reserve, Jerome Powell, investors are starting to ask themselves: what if the president really fires him?

Although this is not easy from a legal standpoint, a possible political precedent could completely change global markets – and the cryptocurrency market in particular. Are we facing a moment when Bitcoin will fulfill its original promise: independence from centralized financial institutions? Powell's firing could be seen as an attack on the independence of the Fed – a situation that typically arises in unstable countries like Venezuela or Argentina. In such a scenario, the dollar could lose its status as the world’s reserve currency, and trust in U.S. debt could sharply decline. Such a crisis of confidence could lead to a capital flight from the dollar – and here comes $BTC .

While stock indices remain weak, cryptocurrencies led by Bitcoin are rising. If confidence in the $ falls, and traditional assets like bonds lose their appeal, investors may flock to digital assets, especially those that are not tied to monetary policy.