TRUMP vs.POWELL : How Their Clash Could Shape the Future of Cryptocurrency
The growing tension between Donald Trump and Federal Reserve Chair Jerome Powell could significantly influence the direction of cryptocurrency markets—especially Bitcoin.
Trump’s Pro-Crypto Approach
Donald Trump has recently shifted toward a more crypto-friendly stance. He’s shown interest in integrating Bitcoin into the U.S. economy, even floating the idea of a “Strategic Bitcoin Reserve.” His administration could loosen regulatory pressure and support innovation, potentially driving more institutional interest and price growth in crypto markets.
Powell’s Cautious Stance
Jerome Powell, on the other hand, remains skeptical of cryptocurrencies. He has made it clear that the Federal Reserve has no intention of holding Bitcoin and continues to push for strict regulatory oversight. This cautious approach often leads to uncertainty in the market, which can cause dips in investor sentiment.
Impact on Bitcoin
If Trump gains more influence—especially by replacing Powell with someone more crypto-friendly—Bitcoin could benefit from reduced regulatory pressure and a surge in investor confidence. On the flip side, if Powell’s cautious stance prevails, Bitcoin $BTC could face more scrutiny and slower growth.