#TrumpBitcoinEmpire Possible Drop in Interest Rates Could Fuel Crypto Prices
Interest rates are one of the biggest tools the Fed has, and Powell’s removal would create unprecedented uncertainty around monetary policy direction.
Trump has been crystal clear about his demands: he wants the Fed to slash rates by up to three percentage points from the current 4.25%-4.5% range. A new Fed chair aligned with Trump’s vision would likely pursue more aggressive rate cuts than Powell’s approach.
Lower interest rates could mean higher prices for cryptocurrencies, as investors flee low-yield traditional assets like traditional savings and bonds for higher-risk, higher-reward alternatives like crypto. If this happens, Bitcoin and other altcoins could see significant price surges, at least in the short term.
