๐ This Week in Crypto (June 23โ27)
#CryptoAlpha #DigitalGold #CryptoNews #MarketUpdate
๐บ๐ธ 1. Trump Might Replace Fed Chief Soon
Donald Trump called current Fed Chair Jerome Powell โterribleโ and said he may replace him before the election. Some names being discussed: Kevin Warsh, Kevin Hassett, and Judy Shelton.
๐ก If this happens, interest rates might be cut sooner, which is great for Bitcoin, Ethereum, and stocks.
๐ต 2. U.S. Dollar Drops Hard
The dollar has dropped to its lowest level in 3 years and is down almost 10% this year.
๐ก When the dollar gets weaker, people often move their money into Bitcoin and gold to protect value.
๐ช 3. Bitcoin Passes $107K Quietly
Bitcoin went above $107,000, but without much hype or news.
๐ก This quiet move may be a sign that smart investors are buying in early before the next big wave.
๐ 4. Rate Cuts Might Come Soon
Thereโs now a:
25% chance of a rate cut in July
Total cuts of about 0.65% expected by year-end
๐ก Lower rates mean cheaper loans and more money entering markets, which can help crypto prices rise.
๐ฅ 5. Gold Keeps Rising
Gold is trading around $3,340 per ounce, with silver and copper also moving up.
๐ก This shows people are looking for safe places to store value, and crypto is often next in line.
๐ Summary of This Week:
Trump may shake up the Fed.
Dollar keeps falling.
Bitcoin is slowly climbing.
Rate cuts seem closer.
Gold is in demand.
๐ฌ Whatโs your strategy right now?
Are you:
Holding more $BTC?
Looking into altcoins?
Waiting for the next dip?
Letโs talk ๐
#Bitcoin #CryptoTrading #Altcoins #Gold #InvestSmart #BinanceSquare