Trump Calls for Rate Cuts; What Impact Could it Have on Crypto Markets?

Former President Donald Trump has urged the Federal Reserve to lower interest rates, stating his rationale behind this action is based on current economic conditions characterized by falling prices and strong employment. While the Fed remains cautious regarding rate cuts, these calls could influence both traditional and crypto markets. Historically, interest rate cuts have spurred a growth in risk assets, with cryptocurrency markets experiencing similar trends. Experts anticipate changes in market activity should the Fed alter its policy stance. However, the potential impact of this action on the crypto market remains to be seen.