According to The Kobeissi Letter, former President Trump publicly criticized Fed Chair Jerome Powell, labeling him a 'numbskull,' 'dumb guy,' and 'Trump hater.' Trump asserted that Powell could save the US $1 trillion annually by implementing rate cuts and hinted he might reconsider firing Powell. This renewed pressure for aggressive rate cuts could influence risk-on sentiment in both stock and cryptocurrency markets, as lower interest rates typically drive capital into assets like Bitcoin (BTC) and Ethereum (ETH). Traders should closely monitor Fed policy signals, as shifts could trigger volatility and liquidity moves in major cryptocurrencies. (Source: The Kobeissi Letter, Twitter, June 20, 2025)

According to The Kobeissi Letter, Donald Trump made notable comments on Federal Reserve Chair Jerome Powell on June 19, 2025, highlighting concerns over current monetary policy and its impact on inflation and interest rates (source: The Kobeissi Letter). This statement has led to increased volatility in both traditional and crypto markets, as traders anticipate potential shifts in Fed policy that could influence Bitcoin (BTC) and Ethereum (ETH) price action. Market participants are closely monitoring any further policy developments for signs of dovish or hawkish pivots, which are known to drive rapid changes in crypto valuations (source: The Kobeissi Letter).