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Bitcoin nears $105K as Donald Trump demands 'full point' Fed rate cut

cryptoweekly by cryptoweekly
June 6, 2025
in bitcoin, News
0

Bitcoin manages to shake off a US nonfarm payrolls beat as Trump insists yet again that the Fed begins to cut interest rates — will Chair Jerome Powell listen?

Key points:

US President Donald Trump switches his focus from Elon Musk to Fed Chair Jerome Powell as he demands interest-rate cuts.

Bitcoin continues its rebound from the Trump-Musk debacle despite strong US employment data.

Read more

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Bitcoin rebounds to $105K, but is a 'bull trap' underway?

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Bitcoin rebounds to $105K, but is a 'bull trap' underway?

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Recent Posts
  • Spot Bitcoin ETFs break 12-day inflow streak amid ‘profit taking’
  • Republicans propose 7% leaner SEC budget compared to Biden’s era
  • Chinese pork producer turned BTC miner kicks off Dogecoin plan
  • Eric Trump takes victory lap 5 months after telling everyone to buy ETH
  • Cathie Wood sells Coinbase, Roblox shares for Tom Lee’s ETH firm
  • Ether Machine founder claims ETH outperformed BTC over past 10 years
  • Ether Machine founder claims ETH outperformed BTC over past 10 years

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