🚨 Crypto Markets Rally on Fed Shake-Up Hints from Trump

📊 The crypto market is back in bullish mode — with a nearly 2% gain today, pushing total market cap back to $3.7 trillion. The momentum is largely driven by a potential macro catalyst: reports that President Donald Trump plans to appoint a rate-cut-friendly Fed Governor.

📈 Key market moves:

▫️ Bitcoin breaks above $115,000

▫️ Ethereum and XRP jump 5% and 7%

▫️ Renewed confidence from institutional and retail investors

🏛 According to a CNBC report, Trump may replace Adriana Kugler — a known rate-cut opponent — with a more dovish candidate ahead of the September FOMC meeting, where rate-cut odds already sit at 80%. A pro-liquidity Fed pick could pave the way for even easier monetary policy, benefiting risk-on assets like crypto.

📢 Trump is also expected to announce a replacement for the BLS commissioner after questioning the validity of recent weak job reports. While this move raises eyebrows, markets appear to welcome it as a sign of more favorable economic reporting ahead.

🇺🇸 If confirmed, these decisions could be pivotal in shaping both U.S. monetary policy and the crypto bull cycle through the remainder of 2025.

#Crypto #Bitcoin #Ethereum #InterestRates #Fed

https://coingape.com/crypto-market-rallies-as-trump-plans-to-announce-rate-cut-friendly-fed-governor/?utm_source=bnb&utm_medium=coingape