The post Trump Reaffirms Powell’s Position at Federal Reserve appeared on BitcoinEthereumNews.com.

Key Points: The reaffirmation follows a historical context where shifts in Federal Reserve leadership have caused market instability. Trump’s remarks, though not confirmed on official channels, act as a stabilizing factor. Continued tenure of Powell eases concerns related to abrupt leadership changes. Historically, news about the Federal Reserve chairmanship can trigger significant reactions in global markets due to the central bank’s influence on monetary policy. Financial markets, which previously experienced volatility, may now react with relative calm. However, no significant on-chain data or liquidity movements have been observed related to this announcement. Monitoring reactions from crypto KOLs and market analytics will remain critical in understanding its broader impact. Trump Ensures Powell’s Stability at the Federal Reserve President Donald Trump has reiterated his decision not to dismiss Federal Reserve Chairman Jerome Powell, amid ongoing leadership uncertainties. This statement was reported by Jinshi, highlighting its importance given Trump’s influential role and Powell’s position since 2018. Trump’s assurance addresses speculations surrounding Federal Reserve leadership, which impacts investor confidence and market stability. Leadership continuity at the Fed has historically provided assurance to financial markets. Powell has served as a central figure in U.S. monetary policy, and stability in his role is seen as positive by market observers. Donald Trump, Former U.S. President – “I am not going to fire Jerome Powell.” Financial Markets Stabilize Amid Leadership Assurance Did you know? When central bank leadership continuity is assured, it often reduces financial market volatility, exemplifying the crucial role monetary policy leadership plays in maintaining investor confidence. Bitcoin (BTC) is trading at $117,653.55, with a market cap of formatNumber(2340313593445.72, 2). It holds a 63.80% market dominance. Over the past 24 hours, BTC experienced a 0.70% price increase, with a 7-day rise of 8.82%. The currency has shown significant growth over 90 days, moving up by 38.62%.…

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Filed under: News - @ July 13, 2025 3:07 am