Bitcoin $111,190.80 price The new is running to the record level of all time and minutes ago, it reached $ 113.788.23. Altcoins have gains based on 7 %. The reason for this was the details of yesterday’s fed minutes despite the tariff letters. Unanimously postponed the interest rate cut for months, the Fed has now come to the end of the road.
Crypto coins are rising
Fed member Waller He has been talking about a good period for interest rate cuts for a few weeks. Two members announced that they were in favor of a discount if they were supported by the data. We announced them for the last minute. Today, even though there were no details of the discounts in the speech text of Waller, he finished a few minutes ago, and he said it was time for this and this will not be a political decision.
“Stablecoins Just a new payment method. Stablecoins will increase competition in payment systems. Cash demand may decrease and the dollar may become more widespread on a global scale, it can do stablecoins.
Customs duties increase prices for one time, central banks may ignore it. The impact of customs duties is not zero, but not too big.
We have a very restrictive policy interest rate I argue that it may fall. Relaxation will not be a political decision. “
Estimates for effective customs duties rate is 15-20 %and Trump The Fedwatch vehicle does not care about the comments of Waller, as it imposes a April 2 tariff rates again on almost all partners. The expectation for this month is 6.7 %decrease. The expectation of discount for September has increased by 2 %today and exceeded 65 %.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.