Best Altcoins to Buy as Trump Urges Fed to Cut Interest Rates in Favor of Crypto
Bitcoin reached a new all-time high of over $112K on May 22 but subsequently dipped below $100K, showing signs of recovery. Trump criticized the Federal Reserve for delaying rate cuts, noting that Europe has implemented 10 cuts while the US has not. He argued that inflation is no longer a concern and that current borrowing costs are too high. The Fed's borrowing rate is currently 4.25%-4.50%, with a majority expecting it to remain unchanged in the upcoming meeting. Potential rate cuts could positively impact Bitcoin and the crypto market. Recommended altcoins include BTC Bull Token ($BTCBULL), which offers free Bitcoin airdrops and is in presale; Solaxy ($SOLX), a Layer-2 solution for Solana, also in presale; and PepeCoin ($PEP), which has gained significantly since its launch. These altcoins are expected to benefit from a potential rate cut, but investors are advised to conduct their own research.
