CandleFocus

Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move

Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move
Bitcoin experts are speculating that President-elect Donald Trump's criticism of current Federal Reserve policy and high interest rates could lead to a shift in US monetary policy. Some market watchers see parallels to Trump's previous comments in 2017, which preceded a decline in the US dollar and a boost for Bitcoin and other risk assets. Experts are drawing comparisons to the past and speculating that a repeat dollar slump could lead to a favorable environment for Bitcoin. At the time of writing, BTC is trading at $94,950.

Related News