๐บ๐ธ *BREAKING: Trump Urges Fed to Cut Rates by 1%*
President Trump has called on the Federal Reserve to lower interest rates by a full percentage point following the release of May's CPI data, which showed a 2.4% year-over-year increase .
*Why This Matters:*
- *Stimulus for Growth:* A significant rate cut could invigorate economic activity, benefiting both traditional markets and cryptocurrencies.
- *Market Sentiment:* Lower borrowing costs often lead to increased investment, potentially driving up asset prices.
- *Crypto Impact:* Easier monetary policy can be bullish for cryptocurrencies like Bitcoin and Ethereum, as investors seek higher returns.
Currently, Bitcoin is trading at 109,572, and Ethereum at2,852.01.
If the Fed responds to this call, we could witness a significant uptick in market momentum.
Stay tuned for further developments.
#BTCBreaks110K #BinanceHODLerRESOLV #CryptoRoundTableRemarks
