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šŸš€ Bitcoin Defies Gravity at $120K While Ether Soars to $4.7K: Trump & Fed Fuel Crypto Frenzy

šŸš€ Bitcoin Defies Gravity at $120K While Ether Soars to $4.7K: Trump & Fed Fuel Crypto Frenzy

Author:
Coindesk
Published:
2025-08-13 05:09:46
14
1

Bitcoin Holds Near $120K, Ether Rallies Towards $4.7K on Trump's Comment, Fed Rate Cut Bets

Crypto markets just got a double-shot of adrenaline—political chatter meets monetary policy pandemonium.

The Trump bump meets Fed fairy dust

Former President's pro-crypto remarks collide with rate cut speculation, sending digital assets into overdrive. Bitcoin maintains its throne near six-figures while Ethereum stages a blistering rally—because nothing pumps markets like politicians discovering blockchain between golf swings.

Liquidity hydrant wide open

Traders are front-running the Fed like it's 2021 again. Wall Street's suddenly remembering that 'digital gold' narrative—just as inflation data gets... interesting. Meanwhile, ETH's surge proves the merge was merely Act I in Ethereum's scaling drama.

Will the rally hold? Of course not. This is crypto—where every 'generational buying opportunity' comes with a free 30% correction. But for now? Enjoy the dopamine hit while the monetary morphine drip lasts.

|Square

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