Will Trump Fire the Fed Chair — and What It Means for Bitcoin 🏛️💥
U.S. President Donald Trump has once again raised the possibility of replacing Federal Reserve Chair Jerome Powell, causing significant volatility across both traditional and crypto markets 📉🪙.
Although Powell’s term ends in 2026, Trump recently stated he will soon nominate a successor. Such a move could challenge the Fed’s independence and disrupt U.S. monetary policy 🌀. Earlier comments already triggered a drop in the U.S. Dollar Index (DXY) and a spike in $BTC price, reflecting expectations of looser policy and rising liquidity 💸.
If a new Fed chair supports faster rate cuts, crypto markets could benefit — not just BTC 🚀, but altcoins too 🌐. Still, experts warn such a shift risks market instability.