Trump Sparks Bitcoin Surge with Bold Economic Promises

Coin-Turk 8 months ago 166

As Donald Trump addresses the nation, his statements are sending waves of excitement through the cryptocurrency market. Bitcoin $105,283‘s price has surged to $106,000, despite daily fluctuations of $5,000 that continue to challenge altcoins. If you’re wondering why cryptocurrencies are on the rise, Trump’s comments may hold the answer.

What is Driving Cryptocurrency Prices Up?

In his ongoing remarks, President Trump has indicated a desire for lower interest rates. While the Federal Reserve operates independently, Trump may attempt to exert influence through various avenues. Jerome Powell has stated he will remain in position until the end of his term and will continue the Fed’s operations regardless of the changing administration.

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