He resisted. For a long time. Too long, some will say. Jerome Powell, Fed chairman, waited for the economy to falter before easing up on rates. No question of yielding to Trump’s pressure, who was demanding easing well before the storm. But imagine for a moment that Powell had folded. Would we have seen bitcoin soar from 2020? And if, this time, monetary policy became a real springboard for crypto? Mike Novogratz thinks so.