According to Crypto Rover, Donald Trump is reportedly in private discussions to replace Federal Reserve Chair Jerome Powell, potentially signaling significant changes such as quantitative easing (QE), rate cuts, and large-scale stimulus efforts. These developments could have substantial implications for cryptocurrency markets, as such monetary policies tend to influence investor behavior and asset valuations. Traders should closely monitor these potential changes for their impact on market liquidity and volatility.

According to Crypto Rover, several Chinese banks have reduced their deposit rates to below 2%, signaling China's readiness to stimulate market activity. This move is anticipated to have a cascading effect on the financial markets, including the cryptocurrency sector, as investors might seek higher returns through volatile assets like Bitcoin and Ethereum.