Former President Donald Trump has made statements suggesting his actions could influence cryptocurrency values, particularly related to the Federal Reserve. While his trade negotiations may cause economic shifts, Trump is also contemplating replacing current Fed Chair Jerome Powell. Sources indicate he’s been considering this possibility for several months, potentially delaying action until after Powell’s term concludes next year. Could Trump’s actions lead to changes in monetary policy? Trump has expressed interest in replacing Powell and has considered names like Kevin Warsh, a former Fed Chair, as potential successors. While discussions have persisted since March, any attempt to remove Powell could face legal challenges. Trump’s intentions are impacting the crypto market, raising questions about future actions by the Federal Reserve. How might this affect cryptocurrency prices? It’s unclear how much influence Trump will exert on the Fed and interest rates. His history of pushing for interest rate reductions during economic turbulence, particularly during the 2019 trade war, highlights his strategy. Navigating these complexities is challenging, as Trump’s actions could influence monetary policy and impact the cryptocurrency market in unpredictable ways.