🚀 Bitcoin Breaks $117K as Trump Names Stephen Miran to Fed Board
Bitcoin surged to $117,500 (+2%) Thursday, boosted by:
Executive Order Signed — Crypto now allowed in U.S. 401(k) retirement plans.
Fed Nomination — President Trump taps Stephen Miran for the Fed’s Board of Governors, seen as likely to support dovish monetary policy.
📉 Rate Cut Odds Soar — September Fed rate cut probability jumps to 95% from 38% last week.
📍 All eyes now on Jackson Hole Symposium in 2 weeks for Powell’s policy signals.
📊 Market Moves:
BTC: $117,500 (+2%)
ETH: $3,867 (+5%)
XRP: $3.10 (+3.4%)
Gold: $3,468 (+1%)
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