$BTC

🚨 Is Trump Fueling Bitcoin’s Surge? The Heat’s On Fed Chair Powell!

In a fiery move, former President Donald Trump reignited pressure on Fed Chair Jerome Powell, calling for immediate interest rate cuts—and markets may be reacting.

Trump declared inflation “virtually gone,” citing falling energy and food prices. “Preventive rate cuts are needed now,” he said. “Energy’s down, food’s down, almost everything’s trending lower.”

But Trump didn’t stop there—he slammed Powell as “Mr. Too Late,” warning that delays could trigger an economic slowdown. He also criticized the Fed’s inaction compared to the European Central Bank, which has already cut rates seven times.

Adding fuel to the fire, Trump accused Powell of political bias during the 2020 elections, suggesting the Fed manipulated rates to benefit Biden and Harris.

While Powell remains silent, sticking to a data-driven stance, the markets spoke loud and clear Bitcoin surged over 3% within hours of Trump’s comments.