USA’s first crypto currency Friendly President Trump started sharing from his social media account again today. Today is another big day because if Trump holds its promise, we will see that a trade letter is sent to the European Union before the end of the day, and it means volatility for these markets.
Trump and Crypto Coins
Today Trump reiterated his call to reduce interest rates and praised the rise in crypto currencies. In the same minutes, the Fed member Musalem speaks. We have shared the important headlines of his speech and Trump may be uncomfortable and started sharing, as he gave signals that he was early for interest rate cuts. Today, you can reach the two critical articles we have discussed on this topic from the links below;
Trump said;
“Technology shares, industrial shares and Nasdaq broke the record of all time! Crypto,” ceiling. ” NVIDA, the US should not be a hundreds of billions of customs.
“To stay too late, Powell, which is too late”, damages the great reputation of the United States. We are now the number one country of the world again! “Huge return.” The Fed interest rate should reflect this. We must be at the top of the list !!! Reduce the interest rate !!! “
BTC price 111 thousand dollars and as you can see below in July, interest rate reduction expectation (CME/Fedwatch) 6.7 %and September discount expectation 64 %. The September discount expectation fell a little with tariff letters.
If Trump holds the promise and sends a tariff letter to the EU, we will share the change here again, stay tracking.
“Europe is in a difficult situation, the world is in a difficult situation.” – JPMorgan CEO Dimon
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.
