Bitcoin stabilized around $85,000. The CoinDesk 20 Index saw gains led by bitcoin cash (BCH), NEAR, and AAVE. The odds of U.S. President Trump removing Federal Reserve Chair Jerome Powell this year rose to 19% on the blockchain-based prediction market Polymarket. The Philadelphia Fed manufacturing index plummeted to -26.4, its lowest in two years. Meanwhile, the prices paid index reached its highest level since July 2022. Bitcoin options traders are actively pursuing bullish bets between $90,000 and $100,000 expiring in May and June. However, there’s also increased interest in buying put options at $80,000 expiring this month, indicating preparations for potential price declines. The VIX, Wall Street’s fear gauge, remains above its 50-day average, signaling ongoing market uncertainty.
Maine
@TheMaineWonk
·
21h President Trump in Oval: Fed Chair Powell will leave if he asks him to and adds that he is “not happy with him.”Trump has NO LEGAL AVENUE to fire the Fed Chair.
The Redheaded libertarian
@TRHLofficial
·
Apr 17 President Trump announced he wants to terminate Jerome Powell has fed chair so this projected result is due to market uncertainty, not because of mvrdering CEOs.
Karol Cummins – New Acct
@karolcummins
·
23h Bessent urges caution as Trump rages against PowellAny attempt to remove the Fed chair — a legally questionable option Trump considered in his first term — would feed instability in markets already woozy from the recent tariff whiplash.
Steve Miller
@askslim
·
20h “Breaking: President Trump has privately discussed firing Fed Chair Jerome Powell for months, including in meetings with potential replacement Kevin Warsh -WSJ”If Powell quits & #Trump’s new appointee lowers interest rates inappropriately, market will crash, Gold to 4000 fast!
Froggy Nomic
@FRIonSol
·
11h Prs. Trump want to fire FED chair because of his slow motion of work, especially on rates cut
#Crypto #FederalReserve
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
