Bitcoin showed renewed strength following a long-awaited statement from U.S. President Donald Trump. At the time of writing, BTC briefly touched $105,204 before correcting to $104,600—still a bullish signal for the market. With the altcoin space watching closely, Trump’s remarks about interest rates, Iran, and future negotiations are fueling short-term confidence.
Bitcoin Breaks Above $105K, Pulls Back Slightly
After a tense day without any official update, Trump finally addressed both the Federal Reserve and geopolitical tensions, specifically Iran. His tone, while confrontational, hinted at openness to dialogue. Bitcoin responded with a swift price jump, reflecting the market’s sensitivity to macroeconomic cues and international developments.
Trump: “Nothing Is Too Late” on Iran
In a press briefing following a private meeting with his national security team, Trump commented on Iran’s nuclear ambitions:
“Iran should never have nuclear weapons… they reached out to us and I said it might be too late, but nothing is really too late. They can come to the White House.”
This apparent openness to negotiations—along with his revelation that Russian President Vladimir Putin offered to mediate—has injected some calm into crypto markets, which tend to react sharply to escalating geopolitical risks.
Fed Under Fire: Trump Calls for Aggressive Rate Cuts
On the monetary front, Trump didn’t hold back. He sharply criticized Fed Chair Jerome Powell for not acting decisively on interest rates:
“Rates should be two, maybe 2.5 points lower. I’ll wait for Powell to leave, then I’ll go long-term. But for now, I’ll move very short-term and drop rates significantly.”
This statement underscores Trump’s longstanding frustration with the Federal Reserve’s monetary policy. As markets speculate on possible interest rate cuts, the crypto sector sees potential upside, especially if borrowing costs drop and liquidity flows back into risk assets.
Strategic Shift or Political Signal?
Dey There notes that Trump’s remarks come amid increased market volatility and rising investor anxiety around international stability. Whether the talk of White House meetings and possible diplomatic overtures signals genuine progress or is part of a broader political maneuver remains to be seen.
What’s certain is that crypto investors are watching Trump closely. With altcoins preparing for a possible follow-up rally, all eyes are on the upcoming week for clarity on both economic policy and foreign affairs.
References:
White House Press Briefing, June 18, 2025
Truth Social – Donald Trump’s Official Statements
Reuters. (2025). U.S.–Iran Diplomatic Outlook
Bloomberg. (2025). Federal Reserve Policy Trends