Today, let's chat about some hot news in the crypto world! Trump and the Federal Reserve have been making quite a stir lately, it's even more exciting than a TV drama! Trump keeps shouting for the economy to soar, but Federal Reserve Chairman Powell refuses to step on the gas, leading to a direct crash in the stock market, leaving investors confused!
Speaking of Trump's brilliant move, he set up a 'Government Efficiency Department', letting Musk lead the way in laying off 400,000 people, even house prices in Washington have dropped! This is not cutting expenses, it’s clearly trying to make the economy 'catch a cold' to force the Federal Reserve to save the market by cutting interest rates! When it comes to interest rate cuts, Bitcoin is the most sensitive! In 2020, the Federal Reserve injected $4 trillion, and Bitcoin skyrocketed from $4,000 to $69,000. If another round of massive liquidity happens, it might directly rush to $1 million!
However, Trump said he wants to build a Bitcoin strategic reserve, but the government hasn't even gathered enough money to buy Bitcoin, and they still need to ask Congress to raise the borrowing limit. This matter hasn't even started yet! The price of Bitcoin has dropped from 110,000 to 78,000, and investors feel like they're on a roller coaster, fearing they might miss the bull market while also worrying about inflation and bubbles. Friends, should we bottom out or run away now? Remember this: Keep a close eye on the Federal Reserve's movements, don't be fooled by Trump's 'talk'!
Trump is back to harvesting leeks, the March 7 summit will decide life and death! Altcoins fluctuate over 80%+, be careful not to become cannon fodder for both bulls and bears! Confused and at a loss, how to trade?
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