🚀 Bitcoin Rockets Toward $110K as Trump Slams Fed: ’Rates 300bps Too High’
Bitcoin's price action just got a political turbocharge. Former President Trump's latest Fed critique—claiming rates are "300 basis points too high"—sent BTC soaring toward the $110K mark. Here's why traders are front-running the potential policy shift.
### The Trump Pump: More Than Just Hot Air?
When a polarizing figure calls out Jerome Powell's monetary policy, crypto markets listen. The immediate 8% surge suggests whales are betting on looser money ahead—because nothing fuels crypto like cheap dollars chasing yield.
### $110K or Bust: Technicals Meet Politics
The rally coincides with a bullish pennant breakout on weekly charts. Now traders eye the psychologically massive $110K level, last seen in... well, never. Typical crypto—always inventing new price discovery modes while traditional finance still uses Excel.
### Cynical Take: Printing Press Narrative 2.0
Let's be real: Trump's Fed bashing is catnip for Bitcoin maximalists. The "debasement playbook" writes itself—every rate cut whisper becomes another reason to HODL. Meanwhile, Wall Street still can't decide if BTC is an inflation hedge or a risk asset. Place your bets.
