Fed’s Decisions Impact Cryptocurrency Markets

Key Points

1. Former President Trump's push for lower interest rates has influenced market beliefs, but the Fed remains cautious due to high inflation data.

2. October has a 70% chance of a rate cut, with a single cut anticipated in December, but most Fed members are hesitant due to inflationary pressures.

3. The U.S. will implement elevated tariff rates from August 1, which could further impact inflation and major economies like the EU.

4. President Trump has threatened 100% tariffs on countries trading with Russia, adding to market uncertainty.

5. Cryptocurrency prices, such as ETH at $3,720 and BTC below $116,000, reflect cautious investor sentiment amid economic volatility.