Trump Fed Pivot Could Ignite New Crypto and Stock Rally
Former President Donald Trump hinted at replacing Federal Reserve Chair Jerome Powell with Kevin Warsh during remarks aboard Air Force One. Such a move could signal a shift in monetary policy, potentially reigniting rallies in both cryptocurrency and traditional equity markets.
Market participants are weighing the implications of a potential leadership change at the world's most influential central bank. Cryptocurrencies often thrive in environments of monetary uncertainty or policy shifts, while equities typically respond favorably to dovish Fed stances.