📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Donald Trump Urges Powell to Cut Fed Interest Rates
Donald Trump publicly pressured Federal Reserve Chairman Powell to lower interest rates, which are considered crucial for the economic bounce back, through his Truth Social platform in July 2025. This pressure could affect the market, hinting at the possibility of cutting down the whales, boosting optimism in the crypto market and housing. Donald Trump has ramped up his public campaign, urging Federal Reserve Chairman Jerome Powell to cut interest rates. Trump emphasized the importance of economic recovery and housing market growth, while stressing the urgency of policy changes. "With all that said, get it done and, more importantly, CUT INTEREST RATES!" – Donald Trump, President (2025), Truth Social, July 2025. Amid this call to action, Trump denies any personal tensions with Powell. Trump, who appointed Powell in 2017, continues to advocate for loose monetary policy through his platform, Truth Social. The prospect of cutting down the whales has sparked an optimistic sentiment in the crypto market. Assets like BTC and ETH tend to rise in price when U.S. bond yields are lower as investors seek higher returns from cryptocurrencies. Although historically, such pressures often arise before discussions about interest rates, there is no official source indicating that the Fed will change policy immediately. The market continues to speculate without any official decisions from Powell or other Federal Reserve officials. In previous scenarios, Trump's influence has led to moderate speculation in the crypto market. Current discussions predict a similar outcome as cryptocurrency assets react positively to the Fed's previous easing cycles. The potential results indicate that liquidity in the crypto market is increasing, especially for Layer 1 assets like SOL and AVAX. Historical trends show that interest rate policy has a strong impact on market sentiment and asset flows.