#PowellRemarks
Bitcoin Slips as Trump Slams Fed Chair Amid Middle East Tensions 🌍🔥
Bitcoin dipped slightly after U.S. President Donald Trump lashed out at Fed Chair Jerome Powell, calling him “stupid” and predicting the central bank won’t cut rates today, despite “no inflation” from tariffs. 🏦🇺🇸
📊 Market Snapshot:
• $BTC : $104,800 🔻0.8%
• $SOL : $146 🔻3.2%
• $XRP : $2.15 🔻3.1%
104,970.99
+0.15%
🔐 The Fed is widely expected to hold interest rates steady for a fourth straight meeting, with futures markets showing near-unanimous confidence in that outcome. Still, markets are on edge, awaiting Powell’s post-decision press conference for any dovish signals. 🕊️📉
🔍 Analysts say language like “cumulative tightening effects” could hint that rate cuts are on the horizon as the Fed acknowledges delayed impacts from earlier policies.
🧠 Trump’s pressure campaign continues, urging the Fed to ease rates amid geopolitical instability and an unpredictable trade and immigration stance, which economists say could complicate inflation control. 🌐💸
🌪️ Global Backdrop:
Iranian leader Ayatollah Khamenei issued a stark warning: the U.S. would face “irreparable damage” if it escalates its involvement in the Middle East. This follows Trump’s provocative comments labeling Khamenei an “easy target” and demanding Iran’s surrender. 💣⚖️
