Jerome Powell's seat is heating up 🔥 — and Bitcoin just lit the fuse.
Over the weekend, crypto markets exploded as Trump’s crew turned up the pressure on Fed Chair Powell. The beef? A jaw-dropping $2.5B Fed building renovation (seriously), rate hike drama, and rumors of firing him before his term ends.
👀 Two $TRUMP insiders — Kevin Warsh and Kevin Hasset — went full-send on Powell live on air, calling for “regime change” at the Fed. Even Trump chimed in: “Powell’s been very bad for our country.”
📉 If Powell goes, expect easy money mode to return. That’s music to Bitcoin’s ears — and likely why $BTC flew past $120K like it was nothing. Risk assets love loose monetary policy.
And here’s the crypto kicker: A new Fed chair might not just cut rates... they might chill on crypto crackdowns too. Powell’s been cautious, especially on stablecoins and "debanking." His replacement? Could be way more Web3-friendly.
This isn’t just politics — it’s crypto's macro moment.
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