Home / General / Trump’s new Fed Chair to cut ‘rates by a lot’, sends Bitcoin surging

Trump’s new Fed Chair to cut ‘rates by a lot’, sends Bitcoin surging

Trump vowed to appoint a new Fed Chair favoring deep rate cuts, igniting fresh crypto optimism.

Bitcoin (BTC) held steady near $88,000 on Thursday after a volatile session that saw prices briefly surge toward $90,000, fueled by optimism that U.S. President Donald Trump’s incoming Federal Reserve Chair will push for steep rate cuts.
Trump said h… [3147 chars]

Source: The Street | Published: 2025-12-18T13:43:24Z

Credit: The Street

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