On July 22, 2025, rumors surfaced regarding US President Donald Trump calling for a significant interest rate cut. However, this claim remains unverified by official sources.
Rumors of Rate Cut
Claims that Donald Trump suggested a 3 percentage point rate cut surfaced, but no official sources, including the President's communication channels, have confirmed this. A spokesperson for the White House stated, 'there is no official statement' regarding any request from Trump for an interest rate cut.
Stability of Crypto Market
Despite the rumors, data from CoinMarketCap indicates that Bitcoin (BTC) reached a price of $119,389.15. The total market capitalization stood at $2.38 trillion, with a trading volume of $76.95 billion over 24 hours. Interestingly, the cryptocurrency market displayed stability on the day the rumors circulated, indicating skepticism among traders.
Conclusions on Market Reaction
The Coincu research team noted that political statements can potentially be used for market manipulation, but the current reaction demonstrates that market participants are becoming increasingly resistant to speculation. The facts show that unverified rumors do not significantly impact cryptocurrency prices.
The swirling rumors about a potential interest rate cut from Donald Trump went unconfirmed, as seen in the stability of the crypto market. Market participants remain cautious and skeptical toward unverified claims.
