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Trump confirms the imminent decision
Bitcoin has struggled to go out in recent months although it reaches the highest new level ever in May, and she fears the construction of more than a “time bomb” worth $ 37 trillion.
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Bitcoin rose up in the wake of US President Donald Trump's victory in the elections in November, but he struggled to stick to this momentum, as Federal Reserve Chairman Jerome Powell was wrestling with the Carticles crisis heading to the US dollar.
Now, as Tesla Billionaire Elon Musk calmly supports a warning in the collapse of the dollar, Trump confirmed a decision regarding the next Federal Reserve Speaker that will be issued soon, highlighting the price of bitcoin and the encryption market.
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US President Donald Trump said he will announce his replacement of the Federal Reserve Chairman … more Jerome Powell “very soon”, is expected to make a boom in Bitcoin.
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“I went out very soon,” she Reuters said.
If we have a good chairman, it will decrease rates and if inflation occurs within two or two years after two years, [he would] Trump said in a video posted on X, with his previous invitations repeated to the Federal Reserve Chairman Powell to reduce interest rates immediately.
The federal reserve is now expected to retain an overwhelming majority in suspending prices during its meetings in June and July, with the market dividing his decision in September, according to the CME Fedwatch tool.
Trump added that former Federal Reserve Governor Kevin Wrash, who is currently the first candidate to be called as president of federal reserve lectures on the platform that works with encryption, is “very thinking”, when he was asked about what he thought about.
Last month, Warsh explained how it is believed that the Federal Reserve can reduce interest rates if its public budget has shrunk, and he told the Hoover's Monetary Policy Committee at Stanford University that “if the printed press is calm, we may have lower policy prices.”
Bitcoin analysts and transplant analysts with the BitFinex Stock Exchange said in the comments via e -mail, if the Federal Reserve reduces prices, “it will be issued for risk assets like Bitcoin.”
“We believe that if Bitcoin maintains support exceeding $ 105,000, it may target 120,000 dollars to $ 125,000 in June. This will not only be stimulated from the labor market but the domino can be in many stimuli that drive the Fed Bank to reduce prices quickly than the pace.”
This week, Trump Powell again called for a decrease in prices, which were kept for months after the Federal Reserve surprised the markets by starting the price reduction cycle in September.
The Federal Reserve referred to the impact on the horizon on the Trump trade tariff because the reason behind leaving its rates is suspended, expecting the so -called Tommor Day in Trump to high inflation.
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Forbes'tiking Time Bomb ' – Get 37 trillion Wall Street to warn of fuel to predict the huge bitcoin price
Bitcoin price has risen up since Donald Trump's victory in the elections, but the price of bitcoin … has struggled to storm new lands this year.
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Next week, inflation data is expected to appear in the US consumer price index (CPI), an increase in prices after reducing inflation in the first few months of 2025.
In April, the White House confirmed that Trump was exploring whether he could shoot at Federal Reserve Chairman Jerome Powell because Powell's refusal to reduce prices, although Trump has since said that he would not try to remove Powell before his term with the end of the president next year.
“With the appearance of less prices in prices, Federal Reserve Chairman Jay Powell can expect to remain firmly in the shooting line on the president,” said Nicholas Hight, Investment Director of Wealth Club, in the comments via e -mail and referring to the strongest job data from Friday.
“This will be considered a justification by the Trump administration – which was clear that the customs tariffs directly aims to support the main street rather than to please Wall Street. Less positive from the point of view of white homes is that the strong economy and high wages gives the federal reserve less expensive.”
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Sources 2/ https://www.forbes.com/sites/digital-assets/2025/06/08/trump-confirms-imminent-fed-decision-bitcoin-and-crypto-brace-for-huge-price-earthquake/ The mention sources can contact us to remove/changing this article |
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