#PowellVsTrump As the 2024 U.S. election nears, a brewing clash between Fed Chair Jerome Powell and Donald Trump could shake markets. Trump has criticized Powell for keeping interest rates high, suggesting he’d replace him to boost economic growth. Powell, on the other hand, remains firm on curbing inflation, resisting political pressure. This tension may significantly impact investor sentiment, interest rates, and ultimately, crypto markets. A Trump win could mean looser monetary policy, possibly weakening the dollar and fueling Bitcoin demand. Meanwhile, Powell's cautious stance may prolong market uncertainty. Traders should closely monitor this power struggle for potential volatility triggers.
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