Trump Criticizes Fed Chair Powell’s Monetary Policy Decisions, Impacting Cryptocurrency Market

Bitcoin remains at USD 85K amidst political tensions. Former President Donald Trump has called for the termination of Federal Reserve Chair Jerome Powell, raising concerns about future monetary policy and market impact on cryptocurrencies. The current political standoff is creating uncertainty in the cryptocurrency market as investors weigh potential implications for Bitcoin and other digital assets. Trump’s criticism of Powell’s monetary policy decisions could influence the Fed’s strategy, potentially impacting the crypto market’s direction. Although Bitcoin currently holds steady at USD 85,000, market experts anticipate a possible rally in response to Trump’s political pressure on the Federal Reserve.