Trump vs. Powell: Crypto’s Wild Ride on the Fed’s Rollercoaster

So, the Fed decides to sit on their hands and keep rates at 3.6%, while Trump’s over there screaming for cuts like he’s at a Black Friday sale. Meanwhile, Bitcoin, Ethereum, and Solana are just sitting there, sweating like they owe the IRS, acting as the ultimate barometers for this macro madness.

  • The Fed’s like, “Yeah, we’re keeping it at 3.6%, economy’s looking good,” while Trump’s out here tweeting, “CUT CUT CUT!” and threatening to replace Powell. Classic Trump, always the life of the party.
  • Powell’s got his own drama with a $2.5B headquarters renovation probe and a legal battle over Trump trying to fire Governor Lisa Cook. Because nothing says “central bank independence” like a good old-fashioned political circus.
  • Crypto’s trading like it’s on a caffeine binge, with Bitcoin, Ethereum, and Solana acting as the high-beta poster children for this Trump-Fed soap opera. Traders are basically betting on whether Trump’s tweets or Powell’s data will win this round.

So, the Fed’s like, “We’re good, rates stay put,” and Trump’s like, “No, you’re not good, cut them now!” It’s like a bad marriage, but with more economic consequences. And crypto’s just sitting there, popcorn in hand, watching the drama unfold.

Fed holds at 3.6%, Trump turns up the heat (and the crazy)

The Fed’s all, “Economy’s doing great, job market’s stabilizing,” and Powell’s like, “Rates aren’t too high, chill.” But Trump’s appointee, Stephen Miran, is over there pushing for cuts like his life depends on it. Meanwhile, Trump’s already planning to replace Powell when his term ends in May. Can’t wait for that job interview.

Remember when Trump said the Fed would be “insulated from political pressure”? Yeah, good times. Now it’s more like a pressure cooker, and crypto’s the potato that might explode.

Independence on trial (or is it a reality show?)

Powell’s dealing with a Justice Department probe over a $2.5B renovation and a Supreme Court fight over Trump trying to fire Governor Lisa Cook. He calls it the “most important legal case in the Fed’s history.” Meanwhile, I call it “As the Fed Turns.”

Kevin Hassett’s warning that political pressure could make markets question the Fed’s decisions? Yeah, no kidding. Crypto’s already trading like it’s in a casino, and this is just adding more chips to the table.

Crypto trades as macro risk (or is it just chaos?)

Bitcoin’s hovering around $88k, Ethereum’s at $2,953, and Solana’s at $192. They’re all just riding the Trump-Fed rollercoaster, with traders betting on whether Powell’s data or Trump’s tweets will win the day. Spoiler: it’s probably chaos.

Crypto’s taking the Fed’s pause in stride, but let’s be real, it’s like a tightrope walker during a windstorm. Trump says he has “no plan” to fire Powell “for now,” but we all know that’s about as reliable as a weather forecast in Larry David’s world.

So, here we are, with the Fed insisting on data-driven policy and Trump insisting on tweet-driven policy. Crypto bulls are betting on looser policy fueling another rally, but let’s face it, the real show is the political drama. Grab your popcorn, folks, this is gonna be good.

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2026-01-29 16:33