An Iranian lawmaker openly said that now it is a "fight to the death" with the United States, and the Revolutionary Guard has already sunk ships in the Strait of Hormuz. This route accounts for 20% of global oil supply; once it is completely blocked, just think for yourselves where oil prices will go.
What’s even more outrageous is that Trump at the same time publicly pressured the Fed not to raise interest rates, and the Treasury Secretary came out saying that supply-side shocks should not trigger a rate hike. But the market still priced in a 60% chance of a rate hike, and the meeting on September 15th is the final answer.
With geopolitical war and uncertainty in monetary policy erupting at the same time, $BTC has historically performed in situations like this. Every time the traditional markets turn into chaos, there is always a group of people quietly moving money into $BTC , and $ETH and $SOL also move in tandem.
But there is one detail I still haven’t figured out: Trump threatened to stop trade with countries running trade surpluses in order to pressure the Fed. Whether that move is bullish or bearish for the crypto market is not so simple.
Do you think the Fed will really be pressured down by Trump this time?
What’s even more outrageous is that Trump at the same time publicly pressured the Fed not to raise interest rates, and the Treasury Secretary came out saying that supply-side shocks should not trigger a rate hike. But the market still priced in a 60% chance of a rate hike, and the meeting on September 15th is the final answer.
With geopolitical war and uncertainty in monetary policy erupting at the same time, $BTC has historically performed in situations like this. Every time the traditional markets turn into chaos, there is always a group of people quietly moving money into $BTC , and $ETH and $SOL also move in tandem.
But there is one detail I still haven’t figured out: Trump threatened to stop trade with countries running trade surpluses in order to pressure the Fed. Whether that move is bullish or bearish for the crypto market is not so simple.
Do you think the Fed will really be pressured down by Trump this time?