After serving as Federal Reserve Chair for 3,018 days, Powell officially steps down today.

Let's review the record of this "best assistant" in the crypto world:
- Took office in February 2018, BTC around $7,000
- In March 2020, COVID hit, printing money wildly, balance sheet from 4 trillion to 9 trillion
- November 2021, claiming "inflation is temporary," BTC soared to an all-time high of 69,000
- In 2022, he turned around and raised interest rates 11 times, 525 basis points, hammering BTC down to 15,500
- Finally cut rates in September 2024, crypto market revived
Translate this: This guy alone completed the full cycle of money printing → liquidity injection → tightening → easing again, with BTC rising from 7,000 to today’s 79,000, a tenfold increase
The most impressive part is that in 2020, he was awarded Forbes' "Crypto Person of the Year" — because all the money he printed flowed into the crypto market 😂
Trump nominated him, then criticized him for four years, shouting "Powell must go, no faster," but this guy held on until his term ended
Powell’s own comment on BTC? "Bitcoin is an alternative to gold, not the dollar"
To be fair: whether you love him or hate him, every bull and bear cycle in the crypto world over the past 8 years has followed this old guy’s money printing machine and rate hikes
Powell’s era is over, but one thing won’t change — BTC is still here, and it’s worth ten times more than on his first day in office 😎