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Trump urgently wants Jerome Powell to cut interest rates. That won't happen this week, economists say.

During a meeting last week between President Trump and Federal Reserve Chair Jerome Powell, the president sought to underscore what he said is a "very simple" request: "Interest rates have to come down."

That wish isn't likely to be granted when the Fed announces its next interest rate decision on Wednesday. Economists put the probability of the central bank holding rates steady at 96%, according to FactSet. The Fed has maintained its benchmark rate in a range of 4.25% to 4.5% since December 2024, prior to Mr. Trump's second-term inauguration in January, as policy makers try to douse the flickering embers of inflation.

Mr. Trump has for months derided Powell over the Fed's caution in lowering borrowing costs, which experts say would boost economic growth but could cause consumer prices to flare. Upping the pressure, Trump administration officials also have said the Fed chair's handline of a building renovation at the Fed could be grounds for firing.

Despite such criticism, Powell has maintained his stance that no immediate rate cuts are necessary given that the economy remains solid. The Fed chair, who Mr. Trump nominated to head the central bank in 2017, has also suggested he wants to keep its powder dry in case the Trump administration's steep new tariffs cause inflation to reignite.

"With the labor market holding up and the impact of tariffs on inflation starting to rear its ugly head, the Federal Reserve has plenty of ammunition to justify keeping interest rates unchanged at the July meeting," Oxford Economics chief U.S. economist Ryan Sweet said in a July 24 research note.

In making his case for lowering interest rates, Mr. Trump has pointed to rate cuts earlier this year by the European Central Bank and the Bank of England, while also pointing out that U.S. inflation so far in 2025 has remained relatively low.

However, the Consumer Price Index — a key gauge for tracking inflation — in June rose to an annualized rate of 2.7%, well above the Fed's 2% annual target and a sign that that tariffs could be pushing some prices higher.

Fed policy makers are meeting this week to discuss what to do on interest rates. Here's what to know
What are U thinking about this guy's???🧐
#Write2Earn
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Large long liquidations often signal panic bottoms, while short liquidations may precede a squeeze

What to know:🔥
Crypto markets saw a sharp decline on Tuesday, leading to nearly $735 million in liquidations, with long positions heavily impacted.
Ether and XRP futures experienced larger losses than Bitcoin, highlighting increased interest in altcoin trading.
The selloff, exacerbated by high leverage and profit-taking, resulted in significant losses for tokens like Solana and Dogecoin.

What U feel guys 😁😁
#MarketPullback
$XRP $SOL $DOGE

Amidst the ongoing volatility, Ripple’s CEO, Brad Garlinghouse, seized the opportunity to warn XRP investors about a growing number of scammers impersonating the team with various offers.

Like clockwork, with success and market rallies, scammers ramp up their attacks on the crypto community — PLEASE BEWARE of the latest scam targeting the XRP family on YouTube and impersonating Ripple’s official account! We will keep reporting these – please do the same.

There are numerous ways in which scammers attempt to extract value from their victims, but in general, it involves some offer that sounds too good to be true.

As a rule of thumb, official teams behind legitimate crypto projects will rarely reach out to you or conduct a spontaneous airdrop or any promotions outside of their official channels without any prior notice. Keep this in mind and always make sure to verify the source of information, and remember – if it’s too good to be true, it’s either not too good or it’s simply not true.

Massive XRPL Achievement Unlocked
Last but not least for this recap, the XRPL – Ripple’s blockchain powered by XRP – saw its wallet count reach 7.2 million, which showed the strongest user growth since late 2024.

Data from CryptoQuant revealed that there has been a steady growth in wallet creation since the middle of last year.

This increase tends to reflect stronger user participation, as well as rising interest in the network. But there’s more to the story. Even though the total count of new wallets is growing, its pace is slowing down, suggesting lower market entry. While not necessarily immediately concerning, this could be indicative of a weakening upward momentum.

$XRP

Main XRP rival on verge of 135% price increase if November 2024 repeats itself

An old rivalry in cross-border crypto payments has resurfaced with a new twist, as Stellar (XLM) has, for the first time in over a year, printed a golden cross against XRP on the daily chart — a technical signal that preceded a 135% spike in November last year.

This crossover occurred when XLM's 23-day moving average surged above the 200-day trendline, shifting the long-term momentum in favor of Stellar for the first time since November 2024.

Back then, the move was not just cosmetic. Stellar surged by 135% against XRP in under a week, propelling the XLM/XRP pair to 0.28. If history repeats itself, a similar move would bring the current ratio to around 0.3, putting XLM near the $1 mark if XRP holds at around $3.44.

The signal is worth paying attention to because it is happening just as XRP dominates the week's narrative. The token has risen by over 16.6% in the past seven days, far outpacing the 3% climb of the broader crypto market. In contrast, XLM has barely moved, rising just 0.2% over the week, which makes the timing of the cross even more surprising and potentially deceptive.

Currently, XRP has a market cap of $203.7 billion with a price of $3.44. Stellar lags significantly behind at $0.4601 with a market cap of $14.3 billion. While XRP is the headline winner in terms of raw performance, the golden cross on the ratio chart could signal a change in relative strength, which often precedes price rotation — especially in pairs with a historic peg like this one. Both assets have their roots in the person of Jed McCaleb and, while their paths have diverged over the years, market watchers continue to track them closely as proxies for infrastructure plays in payments and liquidity. This is something even the current Ripple CTO, David Schwartz, has been talking about this year.
#XLM #Xrp🔥🔥 $XRP $XLM $BNB

Cardano has experienced notable price movements in recent weeks, characterized by significant volume spikes that indicate increased trader activity.

Notably, the rally from $0.34 to $1.31 last November saw a surge in trading volume, signaling strong buying interest, while the subsequent retracement was accompanied by declining volume, reflecting market caution.

This tug-of-war between bulls and bears has kept ADA in a tight trading range as traders await clearer signals. Nevertheless, despite this consolidation, optimism remains high for a potential 2025 price surge, driven by Cardano’s expanding ecosystem.

On Sunday, popular crypto analyst JNRY Crypto fueled excitement by tweeting, “ADA is going to outperform every top 10 crypto in 2025.” This bold prediction, suggesting ADA could outpace Bitcoin, Ethereum, and XRP in terms of price growth, has sparked intense debate and raised expectations for Cardano’s future.

Notably, in a recent video, the analyst elaborated on his forecast, citing multiple factors that could propel ADA to unprecedented heights. One of the most significant drivers is the growing ecosystem of decentralized applications (dApps), NFTs, and other blockchain projects being built on the Cardano network. The analyst emphasized that the platform has seen “hundreds of coins” launching, which, coupled with increased user adoption, could create a surge in demand for ADA.

Another critical point raised was Cardano’s emphasis on global partnerships and real-world applications. Collaborations with governments, such as Argentina, educational institutions, and organizations in regions like Dubai and South America, are enhancing Cardano’s adoption potential. The analyst also highlighted the potential for a Cardano and Ripple’S XRP partnership, which could unify the cryptocurrency space and push regulatory advancements in the United States.

Furthermore, Cardano’s integration with Bitcoin’s BOS Grail Bridge, which enables seamless cross-chain interactions, is another promising development. This integration opens up new avenues for scalability and liquidity between Cardano and Bitcoin users, thereby fostering broader adoption.

Additionally, he highlighted the upcoming Plomin hard fork, scheduled for January 25, which is expected to usher in full decentralized governance on the Cardano mainnet, empowering the community with greater control over the network. Another highly anticipated milestone is Midnight, Cardano’s privacy-focused sidechain, designed to revolutionize secure data sharing and transactions within its ecosystem.

The Cardano network has also experienced a notable uptick in retail interest. According to JNRY Crypto, ADA’s recent 300% price increase is just the beginning, as market sentiment continues to shift positively.

“The demand is there [and] retail interest is picking up,” the analyst noted. “Everyone has started realizing all the crazy stuff happening in the ecosystem [and] that it’s not just a dead scam coin.”

That said, the pundit then predicted that ADA could see a 100% gain from its current levels in the short term, with the potential to surpass its previous all-time high of $3.1 in the coming months. He pointed to Google Trends data, which historically aligns with ADA’s price movements, suggesting that increased search interest could drive another significant rally.

At press time, ADA was trading at $0.82, representing a 0.53% decline over the past 24 hours.
What U think guys about Cardano?🧐🧐🧐
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