US President Donald Trump has sparked discussions on the replacement of the Federal Reserve Chairman Jerome Powell. This has sparked waves across traditional markets and encryption, with Bitcoin preparing to restore $ 105,000.
The consequences of this exceeds the monetary policy to the path of Bitcoin, altcoins, and the morale of the total risk worldwide.
Trump Phantom’s chair plan, which shakes markets
On June 6, Trump stated that his choice of the next Federal Reserve Chair “comes out very soon”, although Powell’s duration is officially ended until May 2026.
This step will reach a political earthquake in monetary policy circles, where Trump is preparing to install the “Phantom” chair.
Two months ago, when Trump first suggested shooting Powell, the US dollar index (DXY) fell, and sent Bitcoin to a height. As Beincrypto mentioned, Bitcoin has increased severely as the market was the price in monetary policy more clearly in the independence of the Federal Reserve.
When Trump retreated in late April, Bitcoin’s correction for a short period, showing the extent to which the encrypted encoding assets are now associated with the credibility of the federal reserve and the treasury policy.
“I have no intention to launch … I would like to see him being more active in terms of his idea of reducing interest rates,” Reuters I mentionedAccording to Trump, correspondents at the Oval Office tell on Tuesday.
Now that Powell’s replacement is returned to the table, Bitcoin will again fluctuate.
“This can shake the markets a lot. The bull operates the encryption or causes significant declines.” He said Ranangay Singh, founder of Todaycrypto.
Can Trump release Powell?
It should be noted that from a legal point of view, Trump cannot explicitly shoot Powell as head of federal reserve lectures unless he explores the legal gaps. The Federal Reserve Law only allows the removal of the Federal Reserve Chair to sit “for the cause”, which historically means moral violations or serious misconduct.
However, Trump can nominate Khalifa Powell before the 2026 deadline, suggested Scott Bessent strategy for how Square Capital.
“… the candidate will have to wait for the chairmanship of the strong Federal Committee for the Central Bank, which determines one of the most important interest rates in the country … the guidance, predictions of this person and potential criticism of the Federal Reserve Bank’s actions on financial markets,” Make up John Herold.
Pesin is also the Minister of Treasury in the United States. Trump has It is said The Federal Reserve Chair has been explored.
Despite the legal gaps, some He says Removing it without reason leads to legal chaos and the market.
What a new Federal Reserve Chair for Bitcoin and Altcoins
Jeff Kendrick, head of digital asset research at Standard Charterd, recently told Beincrypto that Bitcoin is no longer just a hedge against inflation. Instead, it is now a hedge against traditional financing (Trafi) and the risk of the treasury.
“The threat to remove the head of the US Federal Reserve, Jerome Powell, is the risk of the treasury – so the hedge continues.”
With high cash uncertainty, Bitcoin is increasingly seen as an invisible alternative to FIAT systems. This is especially true in times of political intervention.
“If it is” very late “at the Federal Reserve, you will reduce, we will significantly move the interest rates, long and short, on the debts owed. Biden went mostly in the short term. Trump books On the social truth.
Trump Feel The United States will better achieve economically without Powell, which are feelings amid increasing debts. On this background, experts say Bitcoin offers a life of life. Based on this view, the Pioneer Crypto makes a play to restore a threshold of $ 105,000.
At the same time, the effects extend beyond the Bitcoin. Altcoins, which was left behind in 2025, can get a quantitative tightening (QT) and silent rate expectations, at the end of the green light of the gathering.
“This is the most important news for Altcoin holders. The main reason behind Altseason is the QT program and lower price discounts. But this may change soon … will achieve the new Federal Reserve Chair for sure. [Trump’s] Demands. Alasison is coming. ” books Analyst Appi Cass.
Trump’s Federal Reserve Capture will advocate the aggressive cuts, reduce financial conditions, and enable the type of liquidity that feeds the encrypted bull markets. However, the probable passive side is still.
“That day will be a black Swan event worldwide if it happens,” World of Finance, a popular account on X, to caution.
This step can be included in a new bull round or regular shocks.
Disintegration
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