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According to Odaily, U.S. President Donald Trump has stated that he has no intention of firing Federal Reserve Chairman Jerome Powell. Instead, he emphasized the need to lower the Federal Reserve's interest rates. Trump expressed a preference for long-term debt with low interest rates, noting that a 1% reduction in interest rates would lead to a corresponding decrease in payments. He highlighted the large amount of short-term debt currently held and reiterated his desire to reduce interest rates. #Donal Trump
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$BTC will BTC make a drop to 103,000 - 104,000 and then make a leap to 115,000 - 118,000??? 🤔🤔
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Circle (CRCL) surged 34% to a new all-time high after the U.S. Senate passed the GENIUS Act — fueling optimism for stablecoin regulation and crypto equities. With Circle’s blowout IPO, many now see this as the start of a broader wave of crypto public listings.
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The Fed held rates steady for the 4th meeting in a row. Chair Powell said more data is needed before cutting, even as inflation cools. The Fed’s 2025 outlook shows two possible rate cuts. Meanwhile, Trump reignited tensions, calling Powell “stupid” and urging a 2% cut to boost the economy.
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