🌊🚀 Trump’s Plan to Replace Powell Could Shake Crypto Markets 🤡
🟠 1. Trump’s Team May Try to Force Powell Out
Trump and his economic advisers (some from his 2016-2020 term) are openly critical of the Fed.
They claim the Fed is keeping rates too high, hurting the economy and markets.
🔴 2. If Powell Is Replaced, Crypto Markets Could React Sharply
Seiberg says this would signal political control over the Fed.
That could:
Crash the dollar.
Spike inflation fears.
Lead to massive crypto volatility — Bitcoin might surge short term but then dump.
🟢 3. Short-Term Boost, Long-Term Uncertainty
Some analysts say a new, Trump-friendly Fed could cut rates fast.
That might boost Bitcoin and crypto in the short run.
But in the long run, it risks financial instability, which could scare off big crypto investors.
💬 Jaret Seiberg's recent tone:
"Markets are not priced in for a world where Trump removes Powell early... that kind of move would be one of the most disruptive macro risks for crypto .
#CryptoNews #BitcoinUpdate #Bitcoin #Ethereum #Altcoins #CryptoVolatility #Trump2024 #FederalReserve #JeromePowell #TrumpVsPowell #FedNews
