Crypto Markets React to Rumors of Powell’s Ouster

Crypto Markets React to Rumors of Powell’s Ouster
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Rumors of Federal Reserve Chair Jerome Powell’s imminent dismissal have sent shockwaves through crypto markets. Traders speculate that a more dovish successor could trigger a major bull run, echoing the 2020-21 surge.

  • Polymarket odds of Powell's ouster surged to 26%, the highest this year, following Rep. Luna's post.
  • Trump allies cite the Fed's $2.5B building overhaul as legal grounds for dismissal under 'inefficiency' claims.
  • Analysts suggest a Powell replacement could lead to rate cuts, reversing QT and fueling a crypto bull run.
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