Former President Trump's remarks on Air Force One suggest that Kevin Walsh might replace the current Federal Reserve Chairman Powell. This move could potentially signal a shift in monetary policy and reignite the bullish trend in cryptocurrency and traditional stock markets.
Market participants are assessing the impact of a potential leadership change in the world's most influential central bank. Cryptocurrencies typically perform actively in environments of monetary policy uncertainty or transition, while the stock market tends to respond positively to a dovish Federal Reserve stance.
