As we already know, the Fed has not lowered the rate and is currently only planning 2 reductions this year. At the next meeting, there may be a very tiny, insignificant decrease - and another at the end of the year.
To be honest, this is very little: by the end of the year, the rate will be around 4%, and that's not at all what the crypto market wants. Why? Because institutional investors will not buy altcoins - they are mainly purchased by retail, that is, ordinary people. And they need to have money.
But today people have a record level of debt and minimal savings - lower than even before the pandemic. So this is very bad for the market… 😬
⚡️Why is now the last chance for crypto?
The situation in the Middle East: Iran and Israel.
Trump suddenly changed his rhetoric again - he wants Iran to completely surrender to the US and Israel. Which, of course, will not happen.
In response, Iran threatened to close the Strait of Hormuz - the most important strategic route for oil supply: 20% of the world's oil passes through it! If Iran closes it (and it can do this), oil prices will soar from $73 per barrel to $100+.
What does this mean?
✅ Gas prices in the US and other countries will double.
✅ Inflation will rise even more.
✅ People already don't have money! 💸
💥 Who supports whom
🇰🇵 Kim Jong Un from North Korea said he supports Iran and is ready to get involved in the conflict.
🇷🇺 Putin supports Iran.
🇨🇳 China supports Iran.
🇵🇰 Pakistan does too.
All these alliances turn the situation into a potential Third World War stage! 😳
🎯 What did Trump say?
Today Trump stated that he approved plans to attack Iran, but has not yet given the final order - to see if Iran will come to the negotiating table.
And all this - is the last chance for short-term crypto.
Everything is very interconnected! 🔗
#MiddleEastConflict #Bitcoin #GlobalTensi
