BTCUSDT

Perp

92,400.1

+2.18%

📌 Trump pushes for interest rate cut before Federal Reserve meeting

Before the December 10 meeting, Trump called for an immediate cut in interest rates, considering it a prerequisite for appointing the next Federal Reserve chair. Markets expect a nearly 90% chance of a 25 basis point cut while Bitcoin trades around 92.560$ after a 23% drop from its peak. Any hint from the Federal Reserve for further cuts could increase volatility in the crypto market.