According to The Kobeissi Letter, President Trump continues to urge Fed Chair Jerome Powell to cut interest rates as US bond yields rise, highlighting that both Trump and investor Bessent are closely monitoring the bond market. Despite Trump’s calls, Powell has refused to lower rates, a stance that was also evident in April 2025. For crypto traders, persistent high yields and the Fed’s reluctance to cut rates could sustain dollar strength and increase market volatility. Historically, rising yields tend to pressure risk assets, including Bitcoin and altcoins, as capital flows favor traditional safe havens over crypto assets (source: The Kobeissi Letter, May 21, 2025).

According to @RhythmicAnalyst on Twitter, recent GDP and PCE data signal increasing recession risks for financial markets. The analysis highlights that Trump’s new tariffs are straining global trade flows, while Federal Reserve Chair Jerome Powell’s delayed monetary response has limited economic stimulus options. Meanwhile, persistently high consumer credit usage, as shown in the latest Federal Reserve economic data, further pressures household balance sheets. Traders should monitor these macroeconomic indicators closely, as sustained negative trends in GDP growth and rising PCE inflation could trigger heightened market volatility and potential downturns in risk assets. (Source: @RhythmicAnalyst, April 30, 2025)