Best Altcoins to Buy as Trump Urges Fed to Cut Interest Rates in Favor of Crypto

Bitcoin recently reached an all-time high of $112,000, but soon dipped below $100,000, and is showing signs of recovery. Carlo Pruscino believes a Fed rate cut could drive Bitcoin back to $112,000 and beyond. Trump is pushing for a rate cut, citing Europe's 10 rate cuts and the lack of inflation. The current borrowing rate is 4.25%-4.50%, with 97.5% of market participants expecting no change in the upcoming Fed meeting. However, more than 51% of people believe a rate cut might come in mid-September, with rates potentially being slashed by 25 basis points. A rate cut could benefit altcoins, with Bitcoin-inspired meme coin BTC Bull Token being a top pick, offering free Bitcoin airdrops when Bitcoin reaches $150,000 and $200,000. Solaxy, a Solana layer-2 scaling solution, is another top pick, aiming to cure Solana's congestion and scalability issues. PepeCoin, a Pepe-inspired meme coin, is also gaining popularity, offering low transaction fees and zero Ethereum gas fees. While a rate cut could benefit these altcoins, their solid fundamentals and community hype will likely see them rising. It's essential to do your own research and due diligence before investing in these cryptos.