📉 Fed Pivot Coming—Will It Hit Bitcoin’s Momentum? ⚠️🪙
The Fed has paused rate cuts in 2025 after a 1% drop in late 2024. June CPI jumped 2.7% YoY, sparking inflation concerns. Core CPI rose 2.9%.
🔍 With Trump’s August 1 tariffs on the horizon and his constant attacks on Fed Chair Powell, markets are bracing for policy shakeups.
🧠 Trump called Powell a "numbskull" and hinted at firing him early. Powell’s term ends May 2025—but political pressure could shorten it.
📅 All eyes on the July 30 FOMC meeting. Inflation risk + leadership uncertainty = potential impact on $BTC and crypto.
#Fed #Trump #Bitcoin #BTC #ETH #XRP #CryptoNews
$ETH $XRP