Fed Rate Decision Looms Over 3% Crypto Market Drop as Trump Weighs in on Policy and Tariffs
The Federal Reserve’s upcoming interest rate decision has intensified speculation in the cryptocurrency market, with investors closely monitoring potential shifts in monetary policy. Scheduled for release this week, the decision carries significant weight as traders attempt to gauge whether the central bank will signal rate cuts in response to evolving economic conditions. Recent statements from Fed officials and U.S. President Donald Trump have added layers of uncertainty, with Trump’s rare visit to the Federal Reserve building underscoring the political pressures influencing economic policy. “If Powell reduces rates, I’ll stop criticizing him. I’ve also briefed him on tariffs,” Trump stated, highlighting the interplay…