๐ธ๐ธ Powell has only been cutting rates by about 25 basis points even when CPI, PPI, and inflation readings have come in below expectations ๐๐ค
Today is another Fed decision day. It is believed that the Fed will neither cut nor raise rates. Rates are expected to remain unchanged ๐ค
Yesterday, President Trump said interest rates would come down after Federal Reserve Chair Jerome Powell is replaced โฉ๏ธ
I think Powell has been acting politically since after his first tenure under Joe Biden. Maybe Powell is a Democrat. Who knows ๐ค
With metals touching multiple all-time highs, a reduction in rates by at least 75 basis points would send altcoins parabolic. That was the advantage of 2017 and 2021 that many people admire. The Fed was constantly cutting rates โฉ๏ธ
TRUMP
4.779
+0.61%
We have not seen that kind of aggressive rate-cutting or easing since 2024. So it is safe to say that if Bitcoin could touch $126K and the entire crypto market cap could reach $4T, then with strong rate cuts and quantitative easing, the market would become explosive ๐
๐ธ Warning ๐ธ I do not provide financial advice ๐The intent of this content is for you to be aware of market conditions before starting to invest ๐Thank you for reading ๐