Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Breaking News! Federal Reserve Officials in Turmoil! Will Powell Resign? Is the Cryptocurrency Bull Market About to Explode?
The financial world is in chaos! A major game involving global capital markets has been laid out on the table, directly affecting every crypto trader’s wallet!
Trump has directly confronted, issuing a final ultimatum to Federal Reserve Chair Powell: When his term ends in May 2026, he must resign voluntarily or be dismissed! This public standoff is essentially a life-and-death battle over interest rate policies, which will thoroughly determine the future trend of the crypto market!
Trump is eager to cut interest rates quickly, feeling current rates are too high and the economy is recovering too slowly; Powell, however, remains conservative, insisting on gradual adjustments and refusing to loosen monetary policy easily. Their positions are completely opposed, with no room for compromise. The Federal Reserve’s monetary policy is about to undergo a disruptive shift!
Don’t think this has nothing to do with the crypto world! Considering the current market situation, the impact is more direct than anyone else’s! Bitcoin recently surged wildly, breaking through the new high of $78,000, and now stabilizing at around $76,000 with sideways fluctuations. Anyone with a clear eye can see that the market has been waiting for a key trigger!
It’s important to know that when the Fed cuts rates, the dollar in the market will increase, and massive funds will have nowhere to go, inevitably flowing into high-yield, risky assets like Bitcoin and Ethereum. History has long proven that when the Fed loosens monetary policy, the crypto market is always the first to benefit!
If Powell truly resigns and aggressive rate cuts are implemented, the current high-level consolidation will likely turn directly into a one-sided upward trend! Institutional funds and hot money outside the market will flood in, pushing Bitcoin past previous highs and reaching new records—this is almost a certainty!
Currently, Bitcoin fluctuates around $76,000, not because the market is weak, but because it’s holding back for a big move! Both bulls and bears are engaged in fierce battles, long-term funds quietly increasing positions, with chips locking tighter and tighter, leaving little room for a sharp decline.
For us crypto enthusiasts, there’s no need to chase the highs or panic sell. Just keep an eye on the Fed’s situation. May 2026 is the critical date. Once the final outcome is clear, the crypto market may usher in a highly certain big trend. Now is the best window for strategic positioning!
Finally, a reminder: This article is only an analysis of the event and market trends, not investment advice. Cryptocurrency is highly volatile with significant risks. Everyone must operate cautiously and manage their positions carefully!