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🚀 Bitcoin Rockets Toward $110K as Trump Slams Fed: ’Rates 300bps Too High’

🚀 Bitcoin Rockets Toward $110K as Trump Slams Fed: ’Rates 300bps Too High’

Author:
CoindeskEN
Published:
2025-07-09 17:20:28
5
1

Bitcoin Starts Surging Toward $110K After Trump Says 'Fed Rate' Is 300 Basis Points Too High

Bitcoin's bull run just got a political turbocharge. Former President Trump's latest Fed critique—claiming rates are 300 basis points above where they should be—sent BTC into a vertical climb. Here's why traders are piling in.

The Trump Pump: Politics Meets Crypto Markets

When a former POTUS calls monetary policy 'economically illiterate,' markets listen. Bitcoin's 15% surge since the comments reveals how tightly digital assets now correlate with Washington drama—and how fast traders front-run potential Fed dovishness.

$110K or Bust: Technicals Confirm the Rally

With BTC slicing through resistance levels like a hot knife through institutional FOMO, chartists see a clear path to six figures. 'This isn't retail driving the action,' notes one hedge fund manager. 'It's macro whales positioning for rate cuts—and hedging against the Fed getting schooled by a reality TV president.'

The Cynic's Corner

Nothing unites crypto bros and Wall Street suits like the shared belief that central bankers are clueless. Whether Trump's right about the 300bps overkill hardly matters—when the money printer narrative revs up, assets from BTC to Beanie Babies get bid. Just don't remind anyone what happened last time rates stayed 'too low for too long.'

|Square

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