Bitcoin’s recent surge to $112K and subsequent market movements have caught the attention of former President Trump, who is now actively pushing for Federal Reserve rate cuts that could further fuel crypto market growth. Recent market volatility triggered by Trump-related events demonstrates his ongoing influence on crypto markets.
Market Impact of Trump’s Fed Rate Cut Push
Trump’s recent Truth Social post criticizing the Federal Reserve’s delayed rate cuts has sparked renewed interest in crypto markets. The former president highlighted that Europe has implemented 10 rate cuts while the US continues to maintain higher rates, potentially affecting economic competitiveness.
Rate Cut Timeline and Bitcoin Price Implications
According to CME Group data, while the June 18 Fed meeting is expected to maintain current rates (4.25%-4.50%), over 51% of market participants anticipate a rate cut by mid-September. Technical analysts are already predicting a push toward $120K, which could accelerate with favorable Fed policy.
Top Altcoins Positioned for Growth
- BTC Bull Token ($BTCBULL): Offering Bitcoin airdrops at $150K and $200K price milestones
- Solaxy ($SOLX): Solana’s first Layer-2 solution with $45M raised
- PepeCoin ($PEP): Showing strong momentum with 28% monthly gains
Expert Analysis
“When further rate cuts come sooner than expected, that will impact heavily on crypto prices, particularly Bitcoin and select altcoins.” – Carlo Pruscino, CMC Markets
FAQ Section
When is the next Federal Reserve rate decision?
The next Fed meeting is scheduled for June 18, 2025.
What is the current Fed interest rate?
The current rate stands at 4.25%-4.50%.
How do rate cuts affect Bitcoin price?
Rate cuts typically increase investment in risk assets like Bitcoin due to lower borrowing costs and reduced yields in traditional investments.
Disclaimer: This article is not financial advice. Always conduct thorough research before making investment decisions.