In recent weeks, Donald Trump has once again captured the financial community's attention by criticizing Fed Chair Jerome Powell and announcing new tariffs. These actions raise questions about potential changes in U.S. economic policy.
Trump vs. Fed: Economic Showdown
President Donald Trump, in a Truth Social post, accused Jerome Powell of delayed decisions on interest rates, claiming they are costing the U.S. billions. Trump promises new trade announcements covering at least seven countries, indicating a possible shift in the country’s economic strategy.
Impact on Traditional and Cryptocurrency Markets
The tension between the White House and the Fed creates uncertainty not only in traditional financial markets but also in the cryptocurrency sector. These strained relations may trigger volatility, affecting investor behavior and the value of assets like Bitcoin and Ethereum.
Long-Term Prospects for Cryptocurrencies
Despite short-term negative phenomena, long-term changes in the economic situation may provide advantages for cryptocurrencies. The belief in a weaker dollar and the potential to increase interest in crypto assets may create more favorable conditions for their growth.
As the August 1 deadline approaches, Trump could reshape trade dynamics and influence both traditional and cryptocurrency markets. It is crucial to monitor these developments, as they will determine the future of cryptocurrencies in the U.S. economy.
