The agenda for cryptocurrencies is dizzying. We saw the results of the increasing tension between Iran and the USA last year in the graphs. At this point today, the ongoing protests in Iran are about to turn into something else with Trump’s statement that “help is on the way.”
Powell and Iran
Things got complicated on the macro front, as we shared in detail yesterday. Powell He shared a video saying “If I don’t reduce the interest rates, I might go to jail” and announced that the Ministry of Justice was about to sue him for building restorations. The name that will replace Powell, whose term ends in mid-May, will be announced this month and Trump continues his negotiations. During the US market open, Trump wrote (despite Powell’s distress video);
“Great (LOW!) inflation numbers for the USA. This means Jerome “Too Late” Powell must cut interest rates SIGNIFICANTLY!!! If he doesn’t, it will continue to be “TOO LATE”! ALSO, GREAT GROWTH NUMBERS ARE OUT. THANKS, TARIFFS, SIR! President DJT”
Trump announced a few seconds ago that he had suspended all negotiations with his post about Iran. It is also quite interesting that he used the phrase “help is on the way” in this statement that will escalate the tension again.
“Persian patriots, KEEP PROTESTING – TAKEOVER YOUR INSTITUTIONS!!! Record the names of murderers and abusers. They will pay a big price. I canceled all my meetings with Iranian officials UNTIL the senseless killing of protesters STOP. HELP IS ON THE WAY.”
Trump’s crazy move against Iran after his intervention in Venezuela is something that no one can say “this is impossible” anymore. Donald Trump is a name from which everything is expected at any moment and there is no end to the crazy things he can do. If we start airstrikes on Iran or see other types of interventions, this will have major consequences for global markets. In the coming days, it is possible that anxiety will have negative results in crypto and positive results on the charts of assets such as gold and silver.
