Fed Rate Cut Speculation Sparks Memecoin Frenzy as BTC Investors Pivot

With June looming, traders are betting the Fed blinks—and crypto markets are already moving. Bitcoin’s institutional darling status faces a challenger: the latest memecoin du jour, surging as inflation jitters rewrite playbooks.

Wall Street’s favorite hedge? Dog-themed tokens, apparently. Meanwhile, traditional finance clings to spreadsheets like it’s 1999.

Donald Trump’s Trainwreck Meeting With Jerome Powell This Week

On Thursday, TRUMP brought Fed Chair Jerome Powell into the West Wing for their first face-to-face since January and pressed him to slash interest rates. Powell didn’t budge.

According to the Fed’s official readout, decisions WOULD be made “solely on careful, objective, and non-political analysis”—a not-so-subtle reminder of the central bank’s independence.

The WHITE House didn’t dispute it. “Correct,” said spokeswoman Karoline Leavitt when asked about the Fed’s official statement.

Critics wasted no time labeling Trump “TACO”—Trump Always Chickening Out—accusing him of posturing online but backing down face-to-face. The same charge was leveled during his tariff standoff with China, where tough talk often fell short of follow-through.

Trump told Powell he’s making a mistake. Powell gave Trump his statement to which Trump said, “late Powell, you are correct.”

End of talks.

Market and Crypto Reactions, Time to Invest in a New Memecoin?

At May’s FOMC meeting, the Fed held rates at 4.5%, with Powell insisting there’s no need to flinch—yet. “

We are comfortable with our policy stance,” he said, though he acknowledged the toolkit is still in reach if things shift.

99Bitcoins analysts see the current numbers as a mixed bag. Inflation is stuck at 2.6%, above the Fed’s 2% comfort zone. Unemployment has crept up to 4.2%. and GDP is down 0.3% in Q1.

In an interview, former Dallas Fed President Robert Kaplan said that the decline may not reflect a true slowdown—but it’s enough to keep markets twitchy.