The context: for several weeks, tensions have risen between the Donald Trump and Jerome Powell of the American Federal Reserve, which firmly opposed a drop in interest rates despite the insistence of the American president. In recent months, the Bitcoin course has displayed increased correlation with international and in particular American economic and political hazards. This suggests that macroeconomics exerts an increasing influence on crypto n ° 1. No, Trump will not send Powell from the Fed barely a week ago, the English -speaking team from Beincrypto reported that a change at the head of the Fed was imminent, in a context of economic tensions caused by the customs tariffs of the American president. The report followed the announcement of the Treasury Secretary, Scott Bessent, according to which the Trump administration planned to interview candidates to replace Jerome Powell. Reports on differences in views between Trump and Powell on interest rate cuts have also helped to exacerbate this idea. Indeed, on the one hand, Trump wants the Fed to reduce interest rates to protect Americans from the effects of commercial wars. “The Fed would do much better to reduce rates while American prices start to integrate (soften!) Within the economy. Do what is needed, “wrote Trump on Truth Social. On the other hand, Powell insists on a cautious approach to monetary policy decisions, rejecting new interest rate drops. The Fed also carried out considerable revisions to the decline in its economic projections for 2025. These differences in view fueled the speculation that the post of Jerome Powell as president of the Fed was threatened, however, more recently, Trump finally declared that he had no intention of dismissing Powell. “I do not intend to dismiss him … I would like to see him a little more active in terms of his idea of lowering interest rates,” reported Reuters, citing Trump addressing journalists in the oval office on Tuesday. In the immediate future, Bitcoin crossed the $ 93,000 threshold. At the time of writing, the BTC was negotiated at $ 93,136, showing an increase of almost 6 % in the last 24 hours. Bitcoin price performance (BTC). Source: Beincrypto Furthermore, it is interesting to note that there are about 13 months in Jerome Powell’s mandate as president of the Federal Reserve. Bitcoin takes advantage of eroded confidence in the Arthur Hayes governments, founder and former CEO of Bitmex, commented the rapid reaction on the graph of the Bitcoin course. “Trump says he wants to turn Jaypow – the dollar drops, BTC goes up Trump says he does not intend to turn Jaypow – the dollar rises, BTC goes even more,” joked Hayes. This comment highlights the sensitivity of the market to political uncertainty in 2025. In parallel, the US dollar index (DXY) recently dropped to a 3 -year hollow, fueled by President Trump’s pressure to oust the president of the Fed. For its part, Bitcoin progressed while investors considered it as potential coverage against a weakened dollar and inflationary pressures. Thus, while Trump’s positions cause market volatility, dollar fluctuations are favorable to Bitcoin, reflecting its appeal as a coverage against instability within traditional finance (tradfi). In its US Crypto News post, the English -speaking team from Beincrypto has also reported this status, quoting Geoff Kendrick, manager of digital asset research at Standard Charterd. Indeed, according to Kendrick, Bitcoin is increasingly perceived as coverage against risks linked to tradfi and the obligations of the American treasury. “I think Bitcoin is a coverage against the risks linked to tradfi and the obligations of the US Treasury. The threat of withdrawing the president of the American federal reserve, Jerome Powell, is a risk linked to the Treasury; The coverage is therefore in place, ”Kendrick told Beincryptto. In addition, Nate Geraci, president of the ETF Store, says that Bitcoin benefits from an erosion of confidence in governments and politicians, which pushes people to alternatives. “Bitcoin is one of the greatest winners of events in recent weeks, at least from a philosophical point of view. Additional erosion of confidence in governments and politicians will push people to alternatives. I’m not saying it’s good or bad, but think logically, “said Geraci. Morality of history: The crypto advances in chaos. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
