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Home CRYPTO BITCOIN

Bitcoin Soars Toward $110K as Trump Calls for Massive Fed Rate Cut

by Sham
July 9, 2025
in BITCOIN, CRYPTO, FINANCE, OPINION
Reading Time: 3 mins read
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  • BTC jumped to $109,343 after Trump called the Fed rate “3 points too high,” sparking speculation of extreme rate cuts.
  • Analysts warn of inflation above 5% and housing surges, with assets like gold, S&P 500, and oil forecast to rally short-term.
  • Technical signals show bullish breakout, with tight Bollinger Bands and rising volume hinting at further upside for Bitcoin.

Bitcoin (BTC) spiked dramatically to $109,343 on July 9 following a bold Truth Social post from President Donald Trump, in which he declared that the U.S. federal funds rate is “at least 3 points too high.” Within just 30 minutes, BTC began climbing as markets absorbed the implications of such a drastic monetary shift. According to CoinDesk Research, the move marked a 0.8% daily gain, pushing BTC close to new cycle highs and signaling renewed bullish momentum across risk assets.

BREAKING: BITCOIN $BTC RECLAIMS $110,000 pic.twitter.com/ltuuT71rIS

— BlockNews (@blocknewsdotcom) July 9, 2025

Trump’s Post Ignites Inflation and Market Speculation

Trump’s post at 10:00 a.m. ET framed the current rate as a $360 billion annual burden, arguing that a 300 basis point (bps) cut would ease pressure on U.S. debt refinancing. Analysts from The Kobeissi Letter immediately weighed in, estimating a more modest $174 billion in first-year savings — with long-term effects possibly reaching $2.5 trillion. However, they warned that slashing rates by such an extreme amount, especially outside a recession, would be unprecedented and inflationary. Their forecast includes gold surging to $5,000, the S&P 500 to 7,000, and housing prices jumping 25%.

Technical Signals Point to a BTC Breakout

Bitcoin’s chart echoed the shift in sentiment, breaking out from earlier consolidation as volume soared post-announcement. Resistance at $109,761 was tested while support formed around $108,500, confirming a bullish price structure. Notably, Bollinger Bands compressed to their tightest formation of the cycle — a historic precursor to explosive moves. This, combined with accumulating institutional interest, hints that BTC’s next leg up may just be beginning.

Donald J. Trump Truth Social 07.09.25 10:00 AM EST pic.twitter.com/MQ0uBQs8pU

— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) July 9, 2025

Macro Outlook and Market Implications

While Trump’s suggested cut is politically driven and far from a certainty, the market reaction underscores crypto’s sensitivity to potential liquidity shifts. A dramatic rate cut would flood markets with risk-on capital, drawing flows into hard assets like BTC. Yet macro strategists caution that without fiscal restraint, such monetary stimulus could ignite runaway inflation, destabilize the dollar, and force future emergency tightening — creating volatility far beyond crypto.

Tags: BitcoinBTCcryptoDonald TrumpThe Kobeissi Letter
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