Yes, Donald Trump's pressure on the Federal Reserve governors to lower interest rates significantly affects the cryptocurrency markets.

Lowering interest rates translates to increased liquidity in the markets, making high-risk assets like cryptocurrencies more attractive to investors seeking higher returns. Additionally, the likelihood of rising inflation due to more accommodative monetary policies may drive some to seek Bitcoin as a safe haven or hedge against the erosion of purchasing power. Furthermore, a weakened U.S. dollar resulting from interest rate cuts may increase demand for cryptocurrencies. Trump's statements, whether in support of or against cryptocurrencies, also significantly contribute to market movements.