\#CreatorPad **Bitcoin vs. Gold & Fed Rate Cut Buzz: The Latest** 🚀💰

Fed Chair Jerome Powell recently likened Bitcoin to “digital gold,” noting it’s more of a speculative vehicle than a true rival to the U.S. dollar. Bitcoin just smashed past **\$124K** to set a fresh record 📈, but Powell underlined its price swings and limited payment utility. Gold, on the other hand, slid **1.8% this week** as hotter-than-expected PPI data dimmed hopes for a **50bps Fed cut** in September.

### Key Points:

1️⃣ **Bitcoin’s Surge**: Up **32% in 2025**, fueled by Trump’s crypto-friendly stance (including 401(k) crypto options) and heavy institutional inflows. Powell views it as an alternative to gold, not a currency rival.

2️⃣ **Rate Cut Prospects**: A **25bps trim in September** has \~46% odds, though persistent inflation could delay deeper cuts. Current rates stand at **4.25%-4.5%**.

3️⃣ **Gold Under Pressure**: Losing appeal as Bitcoin gains traction as a value-preserving asset. JPMorgan has shifted preference from gold to BTC, forecasting further gains for crypto.

4️⃣ **Political Drama**: Trump considering legal action against Powell over Fed policy 🏛️⚖️, while advocating steep rate reductions to spur markets.

**Market View**: Bitcoin’s rally could carry on even with modest rate cuts, while gold may stay under strain unless inflation drops quickly. 🎢🔥

*Side Note: Trump’s idea to retain \$19B in seized BTC as part of a national reserve could boost market sentiment further.*