#TrumpVsPowell $BTC
Trump is clashing with Fed Chair Powell, demanding lower interest rates and threatening to fire him.
Powell defends the Fed’s independence, maintaining rates at 4.25%-4.5%. This feud has driven Bitcoin volatility, dropping from $110,000 to under $75,000, though some see it as bullish for crypto as a hedge.
Legal limits curb Trump’s power to remove Powell, but uncertainty fuels market swings. Speculation on X is mixed, often unsubstantiated.
