Best Crypto To Buy Now As Trump Demands “Full Point” Rate Cut
Crypto prices are rebounding as Trump demands the Fed cut rates, and his feud with Elon Musk appears to be put on hold. Bitcoin is up 2.6% today and trading at $104,500, while Ethereum is up 2% and trading at $2,470.
“There is virtually no inflation (anymore), but if it should come back, RAISE “RATES” TO COUNTER. Very Simple!!! He is costing our Country a fortune,” wrote Trump on Truth Social in a dig toward Fed Chair Jerome Powell.
According to CMC Markets’ FedWatch now tool, the market prices a 30% chance of a 25-basis-point cut by the end of 2025 and a 39% chance of a 50-basis-point cut. However, Trump said, “Go for a full point, Rocket Fuel!”
It appears that the prospect of bigger-than-expected interest rate…