📢 Donald Trump is planning to replace Jerome Powell, the current chairman of the Fed.
Reason?
Trump considers the Fed's policy too 'tight' and detrimental to economic growth. He has long advocated for low rates and a weak dollar.
📜 Has this happened before?
Yes! And not just once:
🔹 1981: Ronald Reagan replaced Paul Volcker after pressure due to high rates
🔹 2006: George W. Bush appointed Ben Bernanke instead of Alan Greenspan
🔹 2018: Trump appointed Powell instead of Janet Yellen — and then began to criticize him
Conclusion: changing the Fed chairman is not uncommon, especially when those in power want to reboot the economy.
📈 What could this mean for the crypto market?
✅ For (up for crypto):
Potential for rate cuts — more liquidity, growth of risky assets
Weak dollar — capital is seeking alternatives → crypto becomes a safe asset
Pro-crypto rhetoric from Trump — even now he accepts meme coins, NFTs, and sends signals to the market
Less regulatory pressure — Trump is not thrilled with the SEC, and his entourage is actively involved in crypto
❌ Against (down or unstable):
Market unpredictability during a change of power — volatility may increase
Powell is a figure of stability. Replacement may scare institutional investors at first
Policy change is not an instantaneous event, the effect will be stretched
🧠 Final conclusion:
Change of Fed chairman under Trump — potentially positive for crypto, especially in the long term.
This means:
✅ Soft monetary policy
✅ Less pressure on the market
✅ More interest in Web3 and digital assets
But the market does not react linearly.
There will be a phase of uncertainty → and only then movement.
📌 What should a trader do?
— Monitor statements
— Watch the dynamics of the dollar
— And be prepared for spikes in volatility on news
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