Fed keeps interest rates high as an excuse for Trump to make it big again
While the whole world is cautiously cutting interest rates to breathe, the US is still sitting comfortably at 5.5%, competing equally with... Gabon, Cameroon and Equatorial Guinea on the interest rate rankings.
Mr. Powell is probably wondering: "If I cut, $BTC will fly, then who will take responsibility for blowing up the bubble?" And traders just hope that he accidentally slips the mouse, and the whole market will party
One day, when he really cuts... Bitcoin will not only "take off" - but can "stand upright". It's just that... that day hasn't come yet, so we're still living in a "high rate, low hope" situation.đ
