Most Influential: Jerome Powell
Fed Chair Jerome Powell's monetary policy decisions significantly impact bitcoin and the broader cryptocurrency markets.Summary
Jerome Powell, as the Chair of the Federal Reserve, wields massive influence over cryptocurrency markets through his monetary policy decisions. His tenure spans three presidential administrations, and his legacy is heavily tied to the response to the 2020 COVID-19 pandemic, which injected liquidity that fueled asset rallies, including crypto, but also seeded significant inflation.
As of late 2025, inflation remains a key concern, leading to contentious Fed meetings, such as the recent one where a 25 basis point rate cut drew three dissents, highlighting internal disagreement over easing policy despite signs of economic slowdown. The relationship between Fed action and crypto is clear: easing generally boosts speculative assets, as seen when Bitcoin surged during the pandemic response, while tightening, like the 2022 rate hikes, caused significant price drops.
Powell's term as Fed Chair ends in May 2026, and President Trump does not intend to re-nominate him, potentially naming a successor before Powell's departure. Despite this, Powell could remain on the Board of Governors until 2028.
(Source：CoinDesk)