Trump Urges Fed to Cut Rates by a Full Point Amid Market Tensions
TL;DR Summary
Bitcoin neared $105,000 amid US President Donald Trump's calls for a full point interest rate cut by the Fed, despite strong US employment data suggesting no immediate rate changes. Market analysis indicates a potential liquidity trap and risk of a downward cascade in Bitcoin's price, with traders watching order book liquidity for clues.
- Bitcoin nears $105K as Donald Trump demands 'full point' Fed rate cut Cointelegraph
- Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report CNBC
- Trump fumes at Jerome Powell after weak ADP jobs report MSNBC News
- Trump Pressures Fed’s Powell to Cut Rates ‘A Full Point’ Bloomberg
- Donald Trump Fires New Jerome Powell Attack Newsweek
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