#TrumpVsPowell Donald Trump vs. Jerome Powell sparks crypto market waves 🔥
🇺🇸 Former President Donald Trump has publicly criticized Fed Chair Jerome Powell for not slashing interest rates after the European Central Bank cut theirs by 25bps. Trump even hinted at possibly removing Powell — a bold move that could shake the Fed’s independence.
📉 Following this drama, Bitcoin took a quick dip from $85,300 to $83,300 (-2%) but swiftly bounced back, finding support above $84,000.
🔍 Analysts say growing tension and uncertainty might push investors toward crypto assets like BTC, especially with inflation fears still lurking.
🔥 Trump’s pro-crypto stance — including plans for a national strategic crypto reserve featuring Bitcoin, Ethereum, XRP, Solana, and Cardano — shows his serious intent to embed digital assets into the U.S. financial future.
⚠️ While the impact for now is moderate, this evolving situation could reshape market trends and regulations.