Crypto currency Tariff fears for investors have left behind and rates have been largely announced. Tomorrow another big day and Trump will meet with Putin Alaska. Putin has been preparing for this difficult decision for a while. It is time to take action to end the Ukrainian war because Trump waited enough. The US Treasury Minister speaks about crypto coins at the time of being prepared.
Crypto coins last minute
US Treasury Minister Bessent, who made statements in the following minutes, said important things about crypto coins and tariffs. Referring to the ongoing chip struggle with China, Bessent talked about the special agreements of big companies. His statements about crypto currencies are as follows;
“New crypto currency We will not buy. We will protect the crypto coins we seized. Bitcoin $120,894.38 The value of their reserves is approximately 15 billion dollars, $ 20 billion. ”
This is not good, but we’ve already experienced this disappointment. Trump crypto reserve The announcement announced that they would keep the assets at hand instead of their statements. Let’s see if the pro -crypto senators will take action for more. Cynthia Lummis with the cash obtained by commercializing gold assets at hand BTC Although he suggested to receive, these proposals have not yet found enough support.
Bessent said about interests and tariffs;
“Europe is buying Russia’s refined oil from India. Trump is willing to continue negotiations with Putin.
August and September will be a good test for customs duties revenues. We have a chance to earn more than $ 300 billion. Customs duties alone can reduce the budget deficit rate to 5 %.
China squeezed himself on the chip. One goal is to maximize the value for taxpayers, and the other goal is to reduce the difference in MBS-Hazine bond interest. We will hold the gold as a value storage tool.
(About the Fed) We will start and accelerate with a discount of 25 basis points. I think there is a space for a series of interest rates. A discount of approximately 1.5 points is required to reach the neutral level. I don’t want the Fed to make a series of interest rates. I say that the models show that the neutral level is lower. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
