🔥 Trump vs Powell: battle for the Fed and crypto
Donald Trump demands the immediate resignation of Fed Chairman Jerome Powell. He accuses him of being "late" in lowering rates and hints at playing in favor of Biden.
💬 "He is always late! Except for Biden's elections!"
⚖️ This is not just an outburst — it is an attack on the independence of the Fed. And the markets are already trembling: the dollar, bonds, gold — everything is looking to Washington.
💰 Trump actively promotes the idea of a strong dollar, introducing 10% tariffs for BRICS countries and duties of up to 60% on imports. But this could unexpectedly play into the hands of cryptocurrencies.
📉 A strong dollar is a blow to Bitcoin as an anti-inflation asset.
🪙 However, the instability of the Fed is the perfect fuel for the growth of BTC and decentralized solutions.
If Powell exits, and his position is taken by a politically loyal figure, trust in the Fed could collapse. Bitcoin, on the other hand, will become a symbol of stability outside of state institutions.
📆 Powell's term expires in 2026. But Trump, it seems, is not willing to wait — he is already acting now.
