The possible removal of Jerome Powell from the helm of the Federal Reserve would be an institutional earthquake and could trigger a radical turnaround in the directions of the economy and cryptocurrencies.
Known for his rigidity, Powell has been waging a real war against interest rate cuts, even with clear signs of slowdown. His tough policy has suffocated liquidity, driven away investors, and kept markets on the sidelines.
Now, with Trump openly pushing for his exit, a question is taking over Wall Street and the crypto universe:
What if the Powell era ends before the next Fed meeting? Simply signaling a more 'dovish' successor, favoring monetary easing, could ignite the fuse for a new bull run. Bitcoin and altcoins would react like never before. Liquidity would return, and DeFi would start to breathe again.
But there is a cost: the independence of the central bank would be under attack, and this could shake global confidence in the dollar. However, this could also strengthen the crypto narrative: decentralized assets as an alternative to unstable governments.