Trump Urges Powell for Rate Cuts: Impact on Crypto Markets?

President Donald Trump expressed his desire to retain Fed Chairman Jerome Powell, urging him to implement more aggressive interest rate cuts amidst a strong stock market performance. Trump’s call for lower rates aims to stimulate the economy and align with investor expectations for reduced borrowing costs. While immediate impacts on individual cryptocurrencies remain unclear, there is speculation about potential bullish trends in assets like Bitcoin and Ethereum if the Fed lowers rates.