Trump Points to Bitcoin & Tech Boom as Economic Revival, Demands Fed Rate Cuts

Key Highlights:

President Trump cites Bitcoin's surge past $112K and record tech stock performance as proof of US economic strength

Urges Federal Reserve to cut interest rates, crediting his administration's tariff and trade policies for the boom

Crypto market cap rebounds to $3.4T, nearing December 2024's $3.7T peak

Market Context:
🔹 Fed maintains 4.25%-4.5% rates since December 2024
🔹 Traders see <7% chance of July rate cut (CME FedWatch)
🔹 Bitcoin currently trading at $111,300 (TradingView)

Why This Matters:
The pressure comes as:
✅ Tech stocks hit record highs
✅ Bitcoin establishes new ATH
✅ Global crypto demand surges

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