Trump hints at imminent Fed decision, Bitcoin braces for volatility

In a recent announcement, U.S. President Donald Trump hinted that a decision on the next Federal Reserve chair is imminent. This news has sparked anticipation and speculation within the cryptocurrency market, as the Fed's policies can significantly impact financial markets. Analysts believe that potential rate cuts by the Fed could prompt a faster-than-expected pace of price increases for Bitcoin. The upcoming release of U.S. consumer price index inflation data and Trump's global trade tariffs will also be closely watched by investors.