$TRUMP

Prediction markets, like Polymarket, are not being swayed by political rhetoric. Despite Donald Trump's efforts to remove high-ranking officials from the Federal Reserve (Fed), investors seem skeptical that he will succeed.

Key Points.

- Little faith in Powell's dismissal: Bettors give Jerome Powell, the Fed chairman, only a 10% chance of being forced to leave his position in 2025. The market does not believe that Trump's pressure will undermine the independence of the central bank.

- Attack on Lisa Cook: Trump is also trying to dismiss Fed Governor Lisa Cook over accusations she denies. However, prediction markets give this attempt only a 27% chance of success.

- Bitcoin holds steady: Although a more compliant Fed could be positive news for Bitcoin (BTC), the cryptocurrency market has not reacted to Trump's moves. This suggests that investors see his actions as something without a real impact, more like "much ado about nothing".