#Bitcoin Hits New All Time High After as Trump Pushes Fed for Aggressive Rate Cuts


$BTC set another record above $116,100 at the time of writing, following President Trump's renewed calls for Federal Reserve rate cuts.


Trump posted on Truth Social that crypto markets were "through the roof" and tech stocks hit all-time highs.


The president demanded the Fed "rapidly lower rate to reflect this strength," citing no inflation concerns.


Bitcoin gained 3.5% on the day after breaking through previous resistance levels around $112,000.


$ETH jumped nearly 5% to $2,783 while $SOL rose 2% to $157 amid the broader rally.


BitBull Capital’s CEO expects further gains driven by ETF inflows and institutional demand in a risk-on environment.


Trump has repeatedly criticized Fed Chair Jerome Powell for maintaining higher rates despite economic #RateCuts pressure.


On-chain data suggests Bitcoin has room to run beyond current levels, though pullback risks remain.


  truthsocial.com/@realDonaldTru...

image
July 10, 2025 at 9:49 PM
8