#PowellVsTrump

📉 Market Snapshot

Bitcoin held steady around $104,000, trading range tightened after Trump’s jabs; minimal intraday movement


Altcoins (ETH, SOL, XRP) reacted nervously, with declines of 2–3% following Trump calling Powell “stupid” and “numbskull”

🏦 What’s the Scoop?

Fed Pause: The Fed chose again to hold rates at 4.25–4.50%. Powell emphasized caution, citing inflation and global uncertainties


Trump’s Criticism: Trump slammed Powell on Truth Social, threatening removal (“maybe I'll have to change my mind about firing him”) and labeling him with insults in hopes of forcing deeper cuts

Market Uncertainty: Trump’s interference stirred market nerves—crypto volumes rose ~15%, signaling a surge in trading activity amid uncertainty .

⚡ Effects on Crypto

Volatility Spike: Increased volatility seen in both Bitcoin and Ethereum as traders react to political drama


Dollar Weakness = Crypto Support: Trump-Powell feud weakens the US dollar, giving crypto assets some bullish momentum

Eech & Institutional Moves: With the dollar softer and investors wary, institutions might shift assets from traditional stocks into crypto—gravitating towards DeFi and hedge plays .

🔍 Key Levels to Watch

Bitcoin support holds around $102k–104k; resistance near $106k–108k.

Ethereum likely to test its $2.4k zone; strong support below near $2.3k.

A breakdown could lead to a deeper pullback; a rebound could rejuvenate the rally that began with Trump-era pro-crypto policies.

🧩 Bigger Picture

Trump’s past crypto-friendly decisions (like the Strategic Bitcoin Reserve) fuel bullish sentiment, but his recent criticism threatens to inject volatility

The tug-of-war between political influence and Fed independence is stirring short-term price swings—but doesn’t derail the longer-term narrative of growing mainstream adoption.

🎯 Takeaway


Expect choppy trading in the short term as the Powell-Trump clash intensifies.

Watch Fed communications closely—any talk of early rate cuts could spark crypto rallies.

Sideways or slightly bearish dips create potential buy-the-dip opportunities around support zones.

#USNationalDebt #PowellVsTrump #MyTradingStyle