Here’s What Could Happen to Bitcoin (BTC) if Jerome Powell Resigns
The mounting pressure on the current Federal Reserve chair, Jerome Powell, has now become quite grave. The murmurs of Powell’s resignation have started to gain mainstream attention. Powell has long been under pressure to cut Fed rates immediately, an order that Powell has been defying as of late. This pressure has now become palpable, as President Donald Trump has openly criticized Powell, stating his desire to appoint a new Fed chair. This development has gripped the markets with ambiguity, with investors thinking twice before exploring the markets actively. White traditional markets continue to adopt a dubious stance while exploring the market domain. Here’s how Bitcoin may react to this news if Jerome Powell submits his resignation in the near future. Also Read: Top Source Claims Powell Could Resign, Markets Brace for Impact Powell’s Resignation May End Up Impacting Bitcoin: Two Possible Scenarios 1. A Massive Bitcoin Surge Is Underway Source: Watcher Guru The pressure on...