Sell These 3 Crypto Before It’s Too Late – Fed Issues Stark Inflation Warning!
Jakarta, Pintu News – The crypto market is currently under bearish pressure due to President Trump’s tariff policy.
In addition, recent remarks from Federal Reserve Chairman Jerome Powell also fueled concerns after he revealed that the tariffs could potentially push up inflation in the United States.
This article discusses some of the major altcoins that crypto traders are advised to sell as economic conditions worsen.
Fed Chair Warns Tariffs Will Fuel Inflation – Time to Sell Altcoins?
Federal Reserve Chairman, Jerome Powell, warned that the ongoing tariff war will negatively impact inflation.
Read also: China Ready to Sell 15,000 Bitcoins, BTC Price Could Plummet?
Following the statement, Reuters reported that a number of experts also began to express concerns about US economic growth. One expert noted,
“Powell confirmed what investors have been worried about, namely the possibility of slowing economic growth and inflation that is increasingly difficult to control due to the tariff policy.”
On the other hand, US President Donald Trump has blamed Powell’s hawkish stance on inflation for the jitters in the financial markets.
In a recent post on Truth Social, Trump highlighted that other central banks are cutting their interest rates to boost economic growth.
Despite growing concerns, data from the CME FedWatch Tool shows that about 87% of investors expect interest rates to remain unchanged at next month’s FOMC meeting.
If this prediction holds true, the crypto market could potentially experience high volatility, so traders are advised to consider selling certain altcoins to reduce risk.
Therefore, the three main altcoins recommended for sale amid these concerns are Mantra , Pi Network (PI), and Trump (TRUMP).
Mantra (OM)
One altcoin that is recommended to be sold immediately to avoid losses is Mantra. The OM token has just experienced one of the worst price crashes in crypto history, with a 92% drop from its highest price recorded just two months ago.
Despite the deep drop in prices, the RSI (Relative Strength Index) indicator remains at a very low level of 27, indicating that the selling pressure is still very strong.
On the other hand, the rising ADX line indicates that this downward trend is getting stronger. These technical conditions support the prediction that Mantra’s price will most likely continue to weaken.
Read also: Mantra CEO Pledges to Burn $236 Million to Protect the Community After OM Token Crash!
Pi Network (PI)
Pi Network (PI) is also one of the recommended altcoins to sell, especially since there will be a token unlock in the near future.
On-chain data shows that more than 10 million PI tokens will be added to the circulating supply next month.
According to Dr. Altcoin’s analyst post on the X platform, the release of this token was a major factor in Pi Coin’s price drop.
The influx of new supply into the market makes the number of sellers far more than buyers, putting strong bearish pressure on the price.
TRUMP
TRUMP token is also on the list of altcoins that should be sold, as the market fears inflation and trade tariffs.
Based on data from Coinglass, TRUMP’s funding rate in the past month has mostly been in negative territory.
This suggests many traders are going long, reinforcing indications of bearish momentum in the token’s price.
Overall, the chairman of the Federal Reserve, Jerome Powell, has warned that inflation in the United States is likely to pick up again due to tariff policies.
Although his statement has been criticized, concerns about a potential downward trend in the crypto market are widespread. If the market starts to weaken, the three recommended altcoins to sell immediately are Mantra (OM), Pi Network (PI), and TRUMP meme tokens.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Coingape. 3 Altcoins to Sell Now as Fed’s Powell Warns Tariffs Will Fuel Inflation. Accessed on April 17, 2025
