Rumors of Federal Reserve Chair Jerome Powell's resignation on June 1, 2025, have been dismissed due to a lack of official evidence. Despite online speculation, Polymarket odds of Powell's removal remain low at 12%. President Trump criticized Powell for not cutting rates but confirmed no plans to dismiss him. Amid these developments, Bitcoin has shown resilience, trading at $104,967, even as Wall Street experiences a downturn. Analysts attribute Bitcoin's stability to increasing institutional adoption, suggesting potential for future growth despite broader market uncertainties.