Trump's Trade Advisor Peter Navarro said that the US Federal Reserve (Fed) should cut interest rates in July.
According to Fed minutes, some members stated that the most appropriate policy would be no rate cut in 2025.
Bitcoin reached an all-time high of $112,000.
At the time of writing, Bitcoin (BTC) is trading at $111,212 and Ethereum (ETH) is trading at $2,792.
The fear and greed index is neutral at “58”.
Important developments for the day:
Flux (FLUX): An AMA (question and answer) event will be held about the future plans of the project.
Supra (SUPRA): Source code announcement will be made for the Moonshot consensus algorithm.
