ChainCatcher news, according to CoinDesk, as the cryptocurrency rebound continues, the open interest in the Bitcoin perpetual futures market has also shown a more significant increase, indicating enhanced investor confidence, especially after the Trump administration has eased its aggressive stance on trade tariffs and anti-Federal Reserve rhetoric.This round of rebound occurred after U.S. Treasury Secretary Scott Bessent discussed the easing of U.S.-China trade tensions, followed by President Trump stating that he would significantly reduce tariffs on Chinese goods from the current 245% to a much lower level. Trump also mentioned that he does not intend to remove Federal Reserve Chairman Powell from his position.

According to ChainCatcher news, the probability of predicting "Powell being removed from the position of Federal Reserve Chairman in 2025" on Polymarket has dropped to 13%, according to official data.Previously reported, U.S. President Trump stated during the swearing-in ceremony of SEC Chairman Atkins on Tuesday local time that he has no intention of firing Federal Reserve Chairman Powell, although he expressed disappointment that the Fed has not lowered interest rates more quickly and called for the Fed to cut rates.

ChainCatcher News, U.S. President Trump stated during the swearing-in ceremony of SEC Chairman Atkins on Tuesday local time that he has no intention of firing Federal Reserve Chairman Powell, despite his disappointment that the Fed has not cut interest rates more quickly."Never," Trump told reporters, "the media always makes a mess of things. I have no plans to fire him. I would like to see him be more aggressive about lowering rates." Trump said, "Grocery prices have gone down, everything is going down. The only thing that hasn't gone down but hasn't really gone up is interest rates." Trump stated, "We believe the Fed should lower rates; now is a perfect time. We hope our chairman can cut rates early or on time, rather than late." Trump also mentioned that the stock market is doing quite well.

ChainCatcher news, according to Jinshi reports, European Central Bank President Lagarde clearly stated her hope that U.S. President Trump does not fire Federal Reserve Chairman Powell. When asked whether this situation constitutes a significant market risk, Lagarde said, "I sincerely hope it won't happen... This should not become a real threat."In response to reporters' follow-up questions, Lagarde declined to comment on the market impact of a "hypothetical scenario," emphasizing her firm belief that this matter "is not under consideration."Recently, Trump has been continuously pressuring Powell to cut interest rates, warning that otherwise it will lead to an economic slowdown. Powell countered last week, stating that the trade war could simultaneously suppress growth and raise inflation, and reiterated that the Federal Reserve will maintain policy patience.

ChainCatcher news, according to Jinshi reports, Citigroup's chief economist stated that Trump will not fire Federal Reserve Chairman Powell, "this boundary will not be crossed."

ChainCatcher news, Trump plans to fire Federal Reserve Chairman Jerome Powell, but the experience of the Turkish central bank's interventions seems to serve as a warning against such actions. Turkish President Erodgan issued the first decree to dismiss the country's central bank governor Murat Cetinkaya in July 2019, and subsequently, a series of interventions by the Turkish central bank in 2020-21 led to the collapse of the national currency and directed capital towards BTC and stablecoins. Once Powell is dismissed, it may accelerate the sell-off of the dollar and subsequently drive Bitcoin adoption. Data shows that the dollar index has already fallen by more than 10% in three months and is currently down to 98.

ChainCatcher news reports that, according to 4E monitoring, Trump has once again launched a fierce attack on Federal Reserve Chairman Powell and issued threats to the independence of the Federal Reserve, raising concerns in the market about the decline of the dollar's credibility and a potential downturn in the U.S. economy. On Monday, U.S. stocks faced a "Black Monday," with all three major indices suffering significant losses: the Dow Jones fell 2.48%, the Nasdaq dropped 2.55%, and the S&P 500 declined 2.36%. Tech stocks were hit hard, with Tesla down over 5%, Nvidia down over 4%, and the total market value of the "Big Seven" in U.S. stocks evaporating by $404.6 billion.The cryptocurrency market decoupled from U.S. stocks and rose against the trend. Bitcoin has been rising since yesterday morning, and in the evening, Strategy announced the purchase of 6,556 bitcoins for $556 million (average price $84,785), boosting market sentiment, maintaining stability at $87,000 despite the sharp decline in U.S. stocks. This morning, Bitcoin surged again, reaching a high of $88,877, marking a new high in a month, with a 24-hour increase of 1.42%. Bitcoin is draining the crypto market, with altcoins generally under pressure; Ethereum fell below $1,600, down 3.%; SOL reported at $138.75, with a nearly 24-hour decline of 1.72%.In the foreign exchange bulk market, the dollar index plummeted 0.94% to around 98, hitting a new low in the last 16 months; oil prices fell, with U.S. oil down 2.06%; spot gold rose 2.90%, reaching a new high.Trump's continued attacks on the Federal Reserve have left investors worried. While low interest rates may benefit the stock market in the short term, damage to the independence of the Federal Reserve could weaken its long-term ability to control inflation, threatening the dollar's status as the world's safest asset and undermining the foundation of the U.S. economy. The market is highly vigilant, with risk-averse sentiment surging.

ChainCatcher news, according to Jinshi reports, Trump stated that inflation is almost nonexistent. He calls for Powell to lower interest rates. Economic growth may slow down unless interest rates are reduced.

ChainCatcher news, according to Jinshi reports, Francesco Bianchi, an economics professor at Johns Hopkins University, stated that Trump is unlikely to act on his threat to fire Federal Reserve Chairman Powell, but the pressure from his public actions to push for interest rate cuts will still influence the Fed's decisions. After Trump issued his threat last week, the Fed now knows that if a recession occurs, it will be blamed by the public.After Powell made it clear that he is in no rush to cut rates, and Trump responded by saying he might fire Powell, the stock market fell sharply, as the independence of the Fed faces the risk of being undermined. Francesco Bianchi believes that Trump will not act on the threat. The main reason is that Powell's term will likely end in about a year. The chaos caused by such an action would far outweigh the benefits. Replacing Powell would lead to financial markets expecting future interest rates to rise further.

ChainCatcher news, according to Reuters, Powell has stated that U.S. law does not allow the president to dismiss him, and even if Trump requests it, he will not resign voluntarily and plans to serve his full term, continuing as the Federal Reserve Chairman until May 2026.In addition, Powell's term as a member of the Federal Reserve Board will last until January 2028. He also mentioned this week that he believes the cases currently being heard by the U.S. Supreme Court are unlikely to apply to the Federal Reserve.

ChainCatcher news, The Wall Street Journal disclosed that for months, President Trump has been privately discussing the possibility of firing Federal Reserve Chairman Powell, but he has not yet made a final decision on whether to push him out before Powell's term ends next year. According to sources, Trump discussed the possibility of firing Powell before the end of his term and potentially choosing Warsh to replace him during a meeting at Mar-a-Lago with former Federal Reserve Governor Kevin Warsh.According to informed sources, Warsh had advised against firing Powell and believed that the Federal Reserve Chairman should be allowed to complete his term without interference. During a meeting in the Oval Office on Thursday, Trump expressed confidence that he had the authority to oust Powell. Trump said, "If I want him out, he will be out quickly, believe me." Trump also stated that he was dissatisfied with Powell.Any move by Trump to fire Powell would almost certainly be submitted to the Supreme Court. This could cast a shadow of scrutiny over Powell's eventual departure, and any prospect of the Federal Reserve Chairman being dismissed due to policy disputes could hinder financial markets. Additionally, the White House declined to comment. Warsh did not respond to requests for comment.

ChainCatcher news, according to Cointelegraph, Professional Capital Management founder and CEO Anthony Pompliano stated that if Trump fires Federal Reserve Chairman Powell, it would set a very bad precedent, especially considering the real motives behind it. He explained that although the Federal Reserve's intention is to operate independently and has made mistakes, an eye for an eye is not the right approach.Anthony Pompliano emphasized that he is not a fan of the Federal Reserve. Previously, he referred to Bitcoin holders as one of the earliest large groups to recognize the issues with U.S. economic data and to seize financial opportunities for growth through holding assets.

ChainCatcher news, according to Jinshi reports, U.S. National Economic Council Director Hassett stated: Trump is considering whether "removing Federal Reserve Chairman Powell" is an option.

ChainCatcher news, according to Cointelegraph, U.S. Senator Elizabeth Warren stated: "If Federal Reserve Chairman Powell is fired by the U.S. President, the American market will collapse."

ChainCatcher news, according to market news, U.S. President Trump stated, "If I ask, Federal Reserve Chairman Powell will resign. I am not satisfied with him (Powell). I think Powell has not done a good job."

ChainCatcher news, according to the Wall Street Journal, informed sources revealed that President Trump has been privately discussing the dismissal of Federal Reserve Chairman Powell for months, but he has not yet made a final decision on whether to oust him before the end of his term next year. Sources said that during a meeting at Mar-a-Lago, Trump discussed the possibility of firing Powell before the end of his term with former Federal Reserve governor Kevin Warsh, who could potentially be chosen to replace him. However, Warsh advised against firing Federal Reserve Chairman Powell and believed he should be allowed to finish his term without interference. U.S. Treasury Secretary Basant also opposed Trump's intention to remove Powell.

ChainCatcher news, according to Jinshi reports, Politico White House reporter Megan Messerly stated that U.S. Treasury Secretary Mnuchin privately warned that replacing Federal Reserve Chairman Powell could lead to market instability.It is reported that Trump is also aware of this, so despite his renewed dissatisfaction with Powell, according to Messerly, Powell's position currently seems secure. Powell has consistently stated that he will not resign, and others have said that Trump does not have the power to dismiss him.

ChainCatcher news, according to Politico, President Donald Trump is angry with Federal Reserve Chairman Jerome Powell for showing no signs of a rate cut in the near future. In a Truth Social post released on Thursday morning, Trump wrote that the "sooner he leaves, the better!"But for now, Powell's position seems relatively secure.Trump considered firing Powell during his first term—a move that is legally controversial—and if he attempts to do so again, it could exacerbate market instability. The markets have already become turbulent due to recent tariff shocks. Two individuals close to the White House revealed that Treasury Secretary Scott Bessent has emphasized this point multiple times within the White House, and they requested anonymity due to the sensitive nature of the discussions. Trump himself is also aware of the gravity of the situation. Investor confidence that the Federal Reserve will make decisions based on economic trends rather than short-term political pressure is key to maintaining the U.S.'s reputation in the global financial system.Allies within the White House believe that Trump's post on Thursday morning is more about trying to undermine Powell's position and casting him as a scapegoat for future economic issues, rather than an immediate move to fire him. Of course, nothing is ever certain with Trump; his allies also caution that he could change his mind in an instant and seriously pursue the idea of firing Powell.A White House spokesperson responded to related questions by stating that Trump's post on Truth Social should be taken as the standard. The U.S. Treasury did not immediately respond to a request for comment.