Crypto currency In the early hours of the day, investors learned that Cook was dismissed as Trump said before. Interest Cook, who was not in favor of the discount, was dismissed on the grounds of real estate finance irregularity as expected and the number of members in favor of a discount has probably increased to 6. Today we have seen more important developments.
Fed, interest rates and crypto decline
The decline in accelerating yesterday evening did not trigger a major loss series in the Altcoins with the non -violation of $ 108,000 support. Probably the dismissal of the Fed member Cook leaked early and triggered voluminous sales because we saw strong sales in long -term treasury bonds after the official announcement. The weakening of the dollar is normally supportive for crypto currencies, but it had negative results because it was fueled by inflation concerns.
The concerns that will lose the independence of the FED and the rise in inflation will accelerate are not unfair. Implying that the impact of tariffs on inflation will be monitored for a while, not seriously Powell Although the markets relax, the independence of the institution is under threat. Moreover, if Powell follows the last strategy until May, this may cause inflation to approach 5 %.
New Fed Member of inflation is probably not cared for Trump for a while, as it will probably not care for 2026.
Crypto Money Agenda
Minister Lutnick said in today’s statements that interest rates should be lower. Brainard announced that there will be a 25BP discount at the September meeting. Without the concerns mentioned in the first episode, these details would have supported risk markets.
Trump Media Group announced a $ 6.42 billion revenue strategy to enlarge the crypto currency treasure. The ecosystem will include the CRYPTOCOM wallet in the ecosystem and start the Cro token integration.
On the other hand BTC ETF‘s yesterday’s sales at the end of 6 working days at the end of the net entry of $ 219 million. 443 million dollars of entrance on the Ether front is remarkable and continues to be more interesting than BTC.
In order to prevent concerns about the independence of the Fed in the coming period, Trump needs to start a strong propaganda process that Cook’s irregularity really exists. Perhaps a judicial decision confirms that it is not political to take off and fueled concerns. However, it is not easy to convince the markets because the same thing is trying to be done to Powell just before this process.
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.
