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Fed Chair Powell resignation Flash News List | Blockchain.News
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List of Flash News about Fed Chair Powell resignation

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2025-06-02
07:34
Fed Chair Powell Resignation Rumor and Potential Trump Rate Cuts: Crypto Bull Market Impact Analysis

According to Crypto Rover, a rumor has surfaced suggesting Federal Reserve Chair Jerome Powell may soon resign, with the Trump administration allegedly planning to lower interest rates. While this information is unverified and should be treated with caution, historical data shows that lower interest rates often lead to increased liquidity and risk-on sentiment in both traditional and crypto markets (source: Crypto Rover via Twitter, June 2, 2025). If such policy changes are confirmed, traders should monitor for potential upward volatility in Bitcoin and major altcoins, as lower rates typically weaken the dollar and encourage investment in alternative assets. Until official statements are released, market participants are advised to remain cautious and avoid trading based solely on unverified rumors.

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