💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
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🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
Analysis: Trump's firing of Powell may trigger a crisis similar to the Turkish lira, leading capital to flow into BTC and stablecoins.
According to Jinse Finance, Trump plans to fire Federal Reserve Chairman Jerome Powell, but experiences with the Central Bank of Turkey seem to serve as a warning against such actions. Turkish President Erdogan issued the first decree to dismiss the country’s central bank governor, Murat Cetinkaya, in July 2019. Following this, a series of interventions by the Turkish Central Bank in 2020-21 led to the collapse of the national currency and directed capital towards BTC and stablecoins. If Powell is dismissed, it could accelerate the dumping of the dollar and subsequently promote Bitcoin adoption. Data shows that the dollar index has already fallen by more than 10% in three months, currently dropping to 98.