Trump Supports Reducing Interest Rates by 1% or 2%

Donald Trump called on the Federal Reserve to cut interest rates to 1% or 2% in a television interview on June 29, 2025, in the United States. Trump's statement signals potential changes in U.S. monetary policy, affecting market predictions, while also causing notable reactions in the cryptocurrency market, particularly for Bitcoin and Ethereum. Trump's call for cutting down the whales interest rates boosts the surge of cryptocurrency Donald Trump, the President of the United States, declared, "Then we will put someone into the Fed, who will be able to lower [interest rates],... noting that interest rates should be at 1 or 2%. You know, if you look at Switzerland, they are the lowest right now. They are much lower than one point, and to be honest, we should be there too, because... without the United States, the whole world will not function." Fox News The potential cutting down the whales of interest rates may lower borrowing costs, raising concerns about inflation and shifting investment focus towards riskier assets, including cryptocurrencies. Investors may rearrange their portfolios to take better advantage of profits. The market's reaction to Trump's announcement was significant, with Bitcoin reaching a new high and Ethereum rising sharply, indicating increasing confidence among investors in high-risk assets amid anticipated changes in economic policy. The revival of cryptocurrencies under President Donald Trump. The context of the cryptocurrency market and future forecasts Did you know? In 2020, the global cutting down the whales during the COVID-19 crisis spurred a similar price surge for cryptocurrencies, reflecting the current trend following Trump's calls for reducing interest rates. According to data from CoinMarketCap, Bitcoin is currently priced at $107,704.25 with a market capitalization exceeding $2.14 trillion, maintaining a dominance of 64.51% in the cryptocurrency market. This asset has increased by 29.12% over the past 90 days, driven by changes in monetary policy sentiment. Analysts believe that if Trump's proposal to cut interest rates comes to fruition, cryptocurrencies could see further price increases. However, ongoing regulatory challenges and the potential for volatility remain significant factors affecting both short-term and long-term market outcomes.