Trump calls for the Fed to cut interest rates, affecting cryptocurrency.

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Market Information on Trump's Statement

On May 4th, according to sources from Jinshi, former U.S. President Donald Trump emphasized that the Federal Reserve (Fed) should lower interest rates. This is an important move in the context of the U.S. economy seeking to recover. Trump asserted that small businesses in the U.S. do not need any additional relief packages.

In addition, he expressed that there would be no intention to replace Fed Chairman Jerome Powell before his term ends in 2026. This is a noteworthy statement that continues to spark controversy, especially in the context of the highly volatile cryptocurrency market.

This content is for market information purposes only and does not constitute investment advice.

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