Fun

Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move

News Feed - 2025-01-09 07:01:43

Este artículo también está disponible en español.


Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago club, adding that officials seem to be “trying everything they can to make it more difficult” for his incoming team.


The blunt remarks, coming fewer than two weeks before Trump’s inauguration, have stoked anticipation of a possible shift in US monetary policy—and raised speculation about a boost for Bitcoin and other risk assets in the new year. The 2017 Trump Playbook: Dollar “Too Strong”, Bitcoin Up?


Although the economic and geopolitical landscape has changed since Trump’s first term, some market watchers see parallels to his 2017 rhetoric. Back then, he lambasted a US dollar that he deemed “too strong,” a stance that preceded a notable decline in the currency. The US Dollar Index (DXY) peaked near 104 in early January 2017 but began a downward trend that extended into early 2018, bottoming out around 98. Related Reading Anticipating A ‘2025 Super Cycle’: Bitcoin Rallies With Trump’s Regulatory Reforms On The Horizon 1 day ago


This sharp move in the dollar coincided with a broader risk-on environment, fueling rallies in equities as well as the Bitcoin and crypto markets. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), drew a direct comparison on X.


“The last time Trump said something was ‘too high,’ it was the dollar – back in January 2017, just days before his inauguration,” Bittel stated and recounted: “Here’s what he said: ‘Our companies can’t compete with them now because our currency is too strong. And it’s killing us.”


Notably, last year, Trump also called recent strength a “tremendous burden on US businesses.” Bittel further argued: “Trump understands the impact of a strong dollar – and the same logic applies to high interest rates. They suppress exports, hurt corporate earnings, and slow economic growth.” Related Reading Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again 20 hours ago


Speaking on the impact on Bitcoin and the broader crypto market, Bittel concluded: “What happened next? Well, the dollar began a significant decline, setting the stage for one of the most pivotal macro moves we’ve seen in years – triggering a melt-up in risk assets. Déjà vu? I think so. Let’s see how it plays out.” DXY Déjà vu? | Source: X @BittelJulien


Bittel is not the only expert speculating that the DXY may already have peaked, mirroring its 2017 topping pattern. Steve Donzé, Deputy CIO for Multi Asset at Pictet Asset Management Japan, shared a widely discussed chart on X, remarking “On time. Ready for pushback,” while overlaying recent DXY movements with the currency’s trajectory in early 2017. The chart suggests a similar pattern that could foreshadow renewed dollar weakness in the coming weeks. DXY 2017 vs. 2025 | Source: X @steve_donze


In a separate post, financial analyst Silver Surfer (@SilverSurfer_23) pointed to an uncanny timing overlap: “DXY topped on January 3rd, 2017—18 days before Trump’s Inauguration. DXY looks to have topped on January 2nd, 2025—19 days before Trump’s Inauguration.” He characterized the parallel as “crazy history repeating,” explaining that he sees a correlation between the path of the DXY before both inaugurations.


Such analogies are fueling speculation that a repeat dollar slump could usher in an environment favoring risk assets. Should the dollar indeed enter a new downtrend—much like in 2017–2018—Bitcoin could ride a wave of renewed liquidity and speculative appetite.


At press time, BTC traded at $94,950. Bitcoin falls below $95,000, 4-hour chart | Source: BTCUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

News Feed

India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report India is reportedly considering allowing only preapproved cryptocurren
XRP Flirts With A Daily Range Breakdown – Price Must Hold Above $2 Level
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Tom Mitchelhill17 hours agoElon’s ‘not afraid of blowing things up’ — ex-Twitter exec on working under MuskEsther Crawford claimed Elon Musk’s inability to handle criticism created a “zealous and fanatical
Lucas Kiely2 hours agoFutures will be the best crypto game in town even after a Bitcoin spot ETFA spot Bitcoin ETF will bring fresh money to the market, but it will not change a fundamental reality: Bitcoin liquidity is
Cointelegraph Innovation Circle8 hours ago11 potential impacts on crypto and the market from the rise of CBDCsThe ultimate impacts of CBDCs on the crypto industry may be a mixed bag of positives and negatives, and inside
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought
JPMorgan Warns of Bitcoin Correction, Describing BTC as Overbought JPMorgan’s analysts have warned about the odds of a bitcoin correction which would incre
Wall Street’s Guggenheim Treasury tokenizes $20M paper on Ethereum
Ana Paula Pereira6 hours agoWall Street’s Guggenheim Treasury tokenizes $20M paper on EthereumAccording to Guggenheim Treasury Services, the product is the first digital version of commercial paper on the Ethereum netw
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million f
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings 
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings  Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt
APAC crypto crime spikes amid legal resource shortages: Chainalysis report
Josh O"Sullivan1 hour agoAPAC crypto crime spikes amid legal resource shortages: Chainalysis reportAPAC’s struggle with increasing crypto crime is exacerbated by a shortage of legal resources and inadequate training fo
Cape Cod’s Largest Hospital Gets Bitcoin Donations Worth $800K
Cape Cod"s Largest Hospital Gets Bitcoin Donations Worth $800K One of Cape Cod’s largest hospitals received two bitcoin donations this year totaling $800,0
Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2 Billion
Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2 Billion On November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfe