Crypto Market Rallies as Trump Plans to Announce Rate-Cut-Friendly Fed Governor #BTCUnbound #BinanceHODLerPROVE #BinanceHODLerTOWNS

August 4, 2025 by Boluwatife Adeyemi

Highlights

The crypto market is up today, led by Bitcoin, which has broken above $115,000.

This rally has occurred on the back of news that Trump will announce a Fed Governor who supports rate cuts.

More details of the trade deal between the U.S. and the E.U. have also emerged, which is bullish for the market.

The crypto market is in the green today, rebounding from the decline recorded over the weekend. This comes amid developments such as Trump’s plans to appoint a Fed Governor who will lower rates to replace Adriana Kugler. More details of the trade deal between the U.S. and E.U. have also emerged, with the latter putting tariff countermeasures on hold.