Markets reacted to Trump's recent remarks confirming he has no intention to remove Federal Reserve Chair Jerome Powell from his position. This signals continuity in the Fed's leadership and suggests the administration may maintain current monetary policy directions. Powell's tenure at the helm of the Federal Reserve carries significant weight for asset markets, including the crypto space. Investor sentiment around interest rate decisions and inflation management typically hinges on such leadership stability. The statement provides some clarity for market participants weighing macro economic factors and their cascading effects on digital asset valuations.