As Trump ramps up campaign heat, speculation is swirling around whether he’ll try to remove Fed Chair Jerome Powell before August ends. While Polymarket gives it just a 19% chance, these events still ripple into crypto markets — especially when tied to interest rates and institutional sentiment.
What the data says
19% chance Trump attempts to dismiss Powell before Aug 31
21% chance Powell steps down in 2025 (via Polymarket)
Trump denied any dismissal letter rumors last week
Rate futures & bond markets are mostly ignoring the noise — for now
Quick Macro Checklist for Crypto Traders
✅ Watch prediction markets for sudden spikes — sentiment leads news
✅ Don’t ignore political rumors — they shape short-term volatility
✅ $BTC & $ETH often react to Fed-related headlines (5–10% moves in past events)
✅ Use calm periods to set alerts or prep low-risk entries on volatility
If #TRUMP does go after Powell… what would that mean for crypto?
Would BTC pump on political chaos or dump from macro panic?
Drop your take below 👇
