News 
April 21, 2025 
6 min. 
Blue-chip crypto altcoins are gaining traction as the week kicks off with a strong rally across major tokens. Bitcoin and other leading coins have rallied over 1%, fueled by growing speculation that President Trump might oust Jerome Powell as the Federal Reserve Chair.
This potential shake-up could weaken the U.S. dollar and ignite a surge in assets like gold and Bitcoin. In this scenario, let’s explore the top blue-chip crypto altcoins worth considering.
Could Donald Trump Remove Jerome Powell from the Fed?
Donald Trump has repeatedly voiced his dissatisfaction with Federal Reserve Chairman Jerome Powell, particularly over the central bank’s reluctance to lower interest rates, even as inflation shows signs of cooling.
Trump argues that rate cuts are essential to reviving the stock market. The market has experienced a notable downturn this year. According to his former economic advisor, Kevin Hassett, Trump is actively exploring the legal grounds to potentially dismiss Powell.
Such a move would be historically unprecedented and could send shockwaves through investor confidence in U.S. financial institutions. However, there remains significant legal uncertainty. Many are questioning whether the Supreme Court would ultimately permit such an action.
Best Crypto Tokens to Watch If Jerome Powell Is Removed
XRP: Poised for a Bullish Breakout
XRP stands out as one of the most promising blue-chip crypto altcoins to consider amid speculation surrounding Jerome Powell’s potential dismissal. The token is riding on multiple bullish developments. Market analysts are anticipating a possible green light for an XRP ETF from the SEC. Additionally, Ripple’s recent acquisition of Hidden Road could lead to deeper integration with the XRP Ledger, enhancing the coin’s utility and adoption.
Technically, XRP is also showing signs of strength. It has formed a classic falling wedge pattern on the charts. This setup often precedes a strong upward breakout. If the pattern plays out, XRP could rally toward its year-to-date high near $3.40, offering investors a compelling upside.
BNB: Shaping a Bullish Cup and Handle Pattern
Binance Coin (BNB) continues to rank among the top blue-chip crypto altcoins worth watching. On the fundamentals side, the token has two major network upgrades on the horizon, one scheduled for April and another planned for June. These developments are expected to strengthen its position as a serious contender to leading blockchains like Ethereum and Solana.
From a technical perspective, BNB is currently forming a classic cup and handle pattern. Characterized by a rounded bottom followed by a short consolidation phase, this chart pattern often precedes a strong upward breakout. Coupled with Binance’s ongoing token burns, this setup could propel BNB toward the key $1,000 resistance level. It would mark a significant psychological milestone.
Pepe: Signs of a Bullish Reversal Emerging
Pepe, one of the leading meme coins in the blue-chip crypto altcoin category, is showing promising signs of a trend reversal. After a sustained decline, the token has established a double-bottom pattern near the $0.000005860 level. This is a classic indicator that often precedes bullish momentum. Notably, this pattern followed the completion of a falling wedge formation, a reliable technical setup known for signaling potential turnarounds.
Adding to the bullish case, Pepe is also exhibiting a positive divergence on key oscillators, which are now trending upward. This suggests growing buying interest and momentum building behind the scenes. If this trend holds, Pepe could rally toward the neckline of the double-bottom formation, targeting the $0.00000922 level as the next major resistance.
Final Take: Top Altcoins to Watch Amid Powell Uncertainty
As speculation swirls around Donald Trump potentially removing Jerome Powell from his role as Federal Reserve Chair, certain altcoins could stand to gain regardless of the outcome. Among the most promising are XRP, Pepe, and BNB. Each of these is showing strong technical setups and growing investor interest. Additionally, well-established tokens like Solana, Cardano, and Tron remain solid picks for long-term accumulation in an evolving market landscape.
