Bitcoin Braces For Fed Shake-Up As Trump Eyes Powell Exit

Summary: United States President Donald Trump is reportedly preparing to replace Fed Chair Jerome Powell, a move that could shift the central bank’s approach to interest rates and market liquidity. The #USD fell to a three-year low on intensifying speculation that President Trump could soon nominate a new Fed Chair to replace Powell after his term ends next May, a development that could render him a lame duck writes @johnjhardy in today’s #forex update.
By Christian Encila on 2025-06-27 18:00. Aggregated by Coinblockers.