📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Donald Trump Urges Powell to Cut Fed Interest Rates
Donald Trump publicly pressured Federal Reserve Chairman Powell to lower interest rates, which are considered crucial for the economic bounce back, through his Truth Social platform in July 2025. This pressure could affect the market, hinting at the possibility of cutting down the whales, boosting optimism in the crypto market and housing. Donald Trump has ramped up his public campaign, urging Federal Reserve Chairman Jerome Powell to cut interest rates. Trump emphasized the importance of economic recovery and housing market growth, while stressing the urgency of policy changes. "With all that said, get it done and, more importantly, CUT INTEREST RATES!" – Donald Trump, President (2025), Truth Social, July 2025. Amid this call to action, Trump denies any personal tensions with Powell. Trump, who appointed Powell in 2017, continues to advocate for loose monetary policy through his platform, Truth Social. The prospect of cutting down the whales has sparked an optimistic sentiment in the crypto market. Assets like BTC and ETH tend to rise in price when U.S. bond yields are lower as investors seek higher returns from cryptocurrencies. Although historically, such pressures often arise before discussions about interest rates, there is no official source indicating that the Fed will change policy immediately. The market continues to speculate without any official decisions from Powell or other Federal Reserve officials. In previous scenarios, Trump's influence has led to moderate speculation in the crypto market. Current discussions predict a similar outcome as cryptocurrency assets react positively to the Fed's previous easing cycles. The potential results indicate that liquidity in the crypto market is increasing, especially for Layer 1 assets like SOL and AVAX. Historical trends show that interest rate policy has a strong impact on market sentiment and asset flows.