🔔 Donald Trump declares that gas prices have dropped below $1.98/gallon – the lowest in many years, along with falling food, energy, and mortgage rates.
He believes the economy is strengthening thanks to collecting billions of USD from tariffs, asserting that this is just a transitional phase and urging the Fed to lower interest rates because "there is no more inflation".
This could be good news for the cryptocurrency market, as lower inflation and interest rates often favor risk assets like crypto. If the Fed lowers interest rates in response to Trump's calls, capital may return to the cryptocurrency market more robustly, driving price increases and expanding investment in this space.