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…