PANews reported on April 21 that according to Matrixport's analysis, U.S. President Trump threatened to replace Federal Reserve Chairman Powell, although it remains unclear whether he has such authority. This event is considered a key factor in the recent weakness of the U.S. dollar. Historically, Bitcoin has shown a significant negative correlation with the U.S. dollar, and the current dollar softness may prompt U.S. investors to refocus on Bitcoin, highlighting its potential as a hedge against dollar depreciation.




