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2025-06-07
06:47
Trump’s Plan to Replace Fed Chair Powell May Trigger Altcoin Surge: Impact on Altseason and QT Policy

According to Cas Abbé on Twitter, Donald Trump announced he is seeking a replacement for Federal Reserve Chair Jerome Powell, which could signal significant shifts in monetary policy. The ongoing Quantitative Tightening (QT) program and fewer interest rate cuts have been major factors delaying the anticipated Altseason. If a new Fed chair is appointed, there is potential for a shift toward more accommodative policies, which could accelerate capital inflows into altcoins and the broader crypto market. Traders should closely monitor developments as leadership changes at the Fed are historically linked to major market volatility and could mark the turning point for altcoin growth (Source: Cas Abbé, Twitter, June 7, 2025).

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