Experts Suggest Bitcoin Could Benefit If Trump Challenges Fed Chair Powell’s Independence
The post Experts Suggest Bitcoin Could Benefit If Trump Challenges Fed Chair Powell’s Independence appeared on BitcoinEthereumNews.com. Recent tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell have stirred volatility across financial markets, notably impacting Bitcoin’s price movements. While Trump’s rhetoric raises questions about the Fed’s independence, experts suggest such political interference could destabilize traditional assets like stocks and bonds, yet potentially bolster alternative stores of value such as Bitcoin and gold. According to COINOTAG, “Testing the Fed’s independence could be detrimental to conventional markets but advantageous for decentralized assets that serve as hedges against monetary policy uncertainty.” Trump’s pressure on Fed Chair Powell fuels market volatility, with Bitcoin benefiting amid concerns over Fed independence and economic stability. ‘, ‘
The post Experts Suggest Bitcoin Could Benefit If Trump Challenges Fed Chair Powell’s Independence appeared on BitcoinEthereumNews.com.
Recent tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell have stirred volatility across financial markets, notably impacting Bitcoin’s price movements. While Trump’s rhetoric raises questions about the Fed’s independence, experts suggest such political interference could destabilize traditional assets like stocks and bonds, yet potentially bolster alternative stores of value such as Bitcoin and gold. According to COINOTAG, “Testing the Fed’s independence could be detrimental to conventional markets but advantageous for decentralized assets that serve as hedges against monetary policy uncertainty.” Trump’s pressure on Fed Chair Powell fuels market volatility, with Bitcoin benefiting amid concerns over Fed independence and economic stability. ‘, ‘
What's Your Reaction?
