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BTCC / BTCC Square / Global Cryptocurrency /
Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto?

Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto?

Author:
Global Cryptocurrency
Published:
2025-07-22 13:59:02
17
2
BTCCSquare news:

Crypto traders are closely monitoring the escalating tension between President TRUMP and Federal Reserve Chair Jerome Powell, anticipating potential rate cuts this year. Market sentiment suggests that any political interference in Fed policies could trigger volatility across digital assets.

The standoff raises questions about central bank independence and its ripple effects on risk assets. Bitcoin and Ethereum, often viewed as hedges against monetary uncertainty, may see increased demand if the Fed's credibility comes under fire.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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