Crypto News Today [Live] Updates On November 20,2025

Crypto News Today: Dramatic Shakeup Looms as Trump Aims to Overhaul Federal Reserve Leadership As the cryptocurrency markets continue their volatile trajectory, a major political shakeup could be on the horizon that may have far-reaching implications for the digital asset ecosystem. On Tuesday, President Donald Trump revealed that he has identified his preferred candidate to lead the Federal Reserve, with the intent of removing current Chair Jerome Powell from his post. This development represents a dramatic departure from the traditionally independent nature of the Federal Reserve, which has largely operated outside of direct White House influence. Trump's public declaration that he wants to oust Powell, whom he appointed to the role in 2018, signals an increasingly confrontational stance towards the central banking institution. The potential ramifications for the crypto industry are significant. The Federal Reserve's monetary policies and interest rate decisions have a profound impact on the broader financial markets, including the highly volatile cryptocurrency sector. A change in Fed leadership could usher in a new era of economic policymaking, with potentially major implications for investor sentiment and market dynamics. "A shift in Fed leadership could unleash significant volatility across the crypto space," noted crypto market analyst Maria Gonzalez. "Investors will be closely watching for any signals of a more dovish or hawkish approach to monetary policy, as that would directly influence the risk appetite and capital flows in the digital asset markets." Furthermore, the Federal Reserve plays a crucial role in shaping the regulatory landscape for cryptocurrencies and other blockchain-based technologies. A new Fed chair with divergent views on the role of digital assets could potentially lead to a shift in the government's overall stance towards the industry, impacting everything from taxation to licensing requirements. Industry experts warn that a prolonged power struggle between the White House and the Federal Reserve could also undermine confidence in the stability of the US financial system, potentially creating ripple effects that reverberate through the global crypto ecosystem. "The prospect of a protracted battle over Fed leadership introduces an element of unpredictability that many investors will find unsettling," said crypto strategist Jack Daniels. "Prolonged uncertainty around monetary policy and financial regulations could stifle innovation and discourage institutional adoption of cryptocurrencies." As the crypto community watches these developments unfold, one thing remains clear: the outcome of the White House's efforts to reshape the Federal Reserve could have profound and far-reaching implications for the future of the digital asset industry. Prudent investors and entrepreneurs will need to stay vigilant and adaptable in the face of this rapidly evolving landscape.