PANews reported on March 31 that Trump, in an interview with CBS News, stated that he is "not ready" to abandon efforts to force Iran to reopen the Strait of Hormuz. A CBS reporter called Trump on Tuesday morning to request clarification on his previous remarks suggesting a possible abandonment of the operation. Trump reiterated his dissatisfaction with other countries not sending military forces to participate in the US-Israel military action against Iran, but stated that he is not yet prepared to withdraw the US from the conflict. "At some point I will do that, but not now. Other countries have to get involved and handle it themselves. Iran has been weakened, but they have to do the work themselves." Trump also reiterated that although Iran continues to strike ships and infrastructure in the Persian Gulf countries, there is "no real threat" to the Strait of Hormuz. "Let them fight for it themselves. They don't want to help anyone. NATO is bad, they're all bad. So if they want oil, they'll go get it themselves," Trump said.



Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more