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Everyone knows that Trump's coming to power completely spoiled the economy, finally collapsed the US market, the general decline in American stocks led the currency circle, and the "seven" American stocks were not bypassed, and Musk's brand, which was closest to Trump, also collapsed by almost 40%, I think this is all temporary, and his first important task in office is to pay off debts. The interest of 1.2 trillion yuan a year on the national debt is simply unbearable, Trump did not hesitate to impose reciprocal tariffs with the enemy of the world, put pressure on the national fortune of the United States to reap the harvest of the world, sucked the world into the water, and paid off the debt to the United States, Trump, in order to solve the problem of the US national debt, opened four big moves, the first step is "open source code and reduce costs" A large number of layoffs were vehemently opposed, the second step was the "debt replacement", the demolition of the eastern wall to make up the western wall, and the third step was the "flight from debt", but he could not afford the consequences of the collapse of the dollar credit, and the above three big steps did not play any role, according to statistics, this wave of reciprocal tariffs increased US tax revenues by 600 billion, and this wave of tariff crisis is sure to reap the harvest for some countries, to fill the hole for the U.S., the United States is doing better, Trump is doing better, and the U.S. stock market and currency circle will be better.
Trump wants the Federal Reserve to lower interest rates to ease the burden of government debt, but Powell disagrees; Powell only cares about inflation and does not care about your government debt problems. You're not lowering rates? Then Trump decides to play hardball; his ultimate goal is to force the Federal Reserve to lower interest rates.
When the economy is upset and Powell is under certain pressure, he has to lower interest rates, and life becomes easier. Therefore, the current state of the American stock market and the world of cryptocurrencies is temporary. As soon as the Federal Reserve continues to lower rates, good times will return.