Trump’s Tariff Talk, Powell’s Job Security & Crypto’s Chill Slide—What a Week
Trump’s turning the heat up:
1. Wants 50% tariffs on the EU
2. Threatening Apple with a 25% import tax unless they build iPhones on U.S. soil
3. Plot twist: SCOTUS says he can’t fire Jerome Powell—Fed Chair stays till 2026. So, yeah, don’t hold your breath for fast rate cuts.
Meanwhile in crypto land:
The charts look like they just woke up from a nap:
$TON: $3 (-1.4%)
$BTC: $108,540 (-0.9%)
$ETH: $2,545 (-1.1%)
$SOL: $176 (-1.1%)
$XRP: $2.34 (-1.2%)
Fear & Greed Index: 76 = Greed
Hot Take:
Trump’s business flex might shake macro markets, but Powell's Fed is staying steady.
Until then, alts might just be catching their breath.