"His termination can’t come fast enough."
That’s a direct quote from Donald Trump — and yeah, he’s not exactly subtle.
According to a White House source, Trump is actively exploring ways to oust Jerome Powell as Federal Reserve Chair. If it happens, it would mark the first time in modern U.S. history a sitting Fed Chair gets fired.
So here’s the trillion-dollar (or Bitcoin?) question:
What happens next — to the economy and to crypto?
📉 For the Traditional Economy: A Storm Is Brewing
This isn’t just about swapping one guy for another — it’s a direct shot at the heart of global financial stability.
Here’s what could unfold if Powell is pushed out:
Market Shockwaves: Wall Street hates surprises. Removing the Fed Chair? Cue investor panic.
Policy Whiplash: Powell has been the steady hand behind inflation strategy. A sudden shift? Expect confusion and volatility.
Independence Under Fire: The Fed is supposed to be apolitical. Firing its leader? It starts to look like a pawn of the presidency.
Translation: Stocks tumble. Bond yields spike. The dollar wobbles. Global markets? Totally rattled.
🪙 For Crypto: Fuel for the Fire
This kind of institutional drama is tailor-made for crypto’s core message.
Short-Term Boost?
When confidence in traditional systems drops, investors often look to decentralized alternatives. Think: Bitcoin bounce, ETH surge.Narrative Goldmine
Ousting Powell screams, “The system is broken.” That’s Bitcoin’s brand, wrapped in real-world proof.Regulatory Curveball
A new Fed Chair could open the door to more crypto-friendly policies — or slam it shut. Direction: TBD.
🚨 But… Don’t Get Too Comfortable
Let’s be real — chaos cuts both ways.
If markets spiral hard, risk assets like crypto won’t be immune.
A full-blown recession sparked by Fed instability? That’s pain across the board.
Crypto might spike in the short term, but long-term effects depend on who takes Powell’s place and how the world reacts.
