XRP News Today: Trump's Potential Fed Chair Shift Could Boost XRP 100%

Levi Rietveld, founder of the Crypto Crusaders community, recently shared a video discussing a pivotal moment for XRP and the broader cryptocurrency market. Rietveld's analysis is based on political developments and macroeconomic trends, suggesting that President Donald Trump is poised to trigger a significant shift in the financial landscape that could greatly benefit XRP.

Rietveld referenced a report indicating that Trump had plans to remove Federal Reserve Chair Jerome Powell. Although Trump denied the story, he mentioned that Powell is currently under investigation. This development is central to Rietveld’s argument for XRP’s bullish future. Trump cannot directly fire Powell without cause, but if an investigation finds Powell not acting in the U.S.’s best interest, Trump could remove him. Powell has resisted Trump’s calls to cut interest rates, and his removal could pave the way for a more favorable monetary policy for cryptocurrencies.

Rietveld also noted that Powell might consider resigning, which would simplify Trump’s task and create a more favorable environment for XRP and other digital assets. The potential change in monetary leadership is tied to the rising demand for assets viewed as hedges against inflation, including cryptocurrencies. Rietveld warned of the long-term devaluation of the U.S. dollar, citing a dramatic drop in purchasing power from 1950 to 2025. According to Rietveld, the dollar’s value has declined to just $0.07 compared to its 1950 equivalent, with the pace of devaluation accelerating significantly over the past few decades. This environment drives investors toward alternatives like XRP, Bitcoin, and Ethereum. Some experts believe XRP can kickstart the biggest monetary reset in history as the dollar declines.

Rietveld highlighted XRP’s recent price movements, noting its eight-day climb and current resistance levels around $3.06 to $3.07. While acknowledging the risks of investing in volatile markets, Rietveld believes the odds are increasingly in favor of crypto, especially if Trump implements his preferred economic strategy. This strategy could involve aggressive rate cuts and quantitative easing, which are historically favorable for digital assets. Rietveld’s analysis underscores the potential for a significant shift in the financial landscape that could heavily favor XRP, driven by political developments and macroeconomic trends.