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Trump Says ‘You’re Welcome’ as Oil Is Flowing and Prices Are Dumping


Trump Says ‘You’re Welcome’ as Oil Is Flowing and Prices Are Dumping

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President Trump on Truth Social said oil is flowing, jobs are at record levels and US prices are falling; oil futures dipped below $73 per barrel. Lower oil and stronger employment could ease macro inflationary pressures and support risk asset appetite, potentially benefiting crypto markets, DeFi protocols and token adoption by improving affordability and investor sentiment.

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US President Donald Trump took it to his social media platform Truth Social to declare that oil has begun flowing, jobs are at record levels, and prices in the US are dropping, which will increase affordability.

While there are some controversies about the last few statements, oil prices are indeed dropping now, with USOIL dipping below $73 per barrel.

Read the article at CryptoPotato

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