Bitcoin seems to have been transported back to December 2025, as it navigates uncertainty and upheaval. Currently, the market is jittery with cryptocurrencies showing signs of vulnerability, and altcoins veering into a red zone. As of the article’s writing, Trump is delivering new announcements, while Federal Reserve officials are indicating that interest rates are likely to remain unchanged for the foreseeable future.
Fed, Interest Rates, and Iran
Trump continues to vociferously call out on social media for “Powell to immediately reduce rates” every week. He persistently made a similar plea today. However, come May, the leadership of the Federal Reserve is expected to change. Trump has previously expressed that he would never allow anyone opposed to rate cuts and unlike himself in economic viewpoint to assume the chairmanship of the Fed.
These statements have sparked debates on the independence of the Fed. When considered with events like the dismissal of Cook and lawsuits against Powell, Trump’s “unconventional approaches” led to a series of anxieties prompting the sell-off of U.S. bonds amidst fears of nonsensical outcomes. In recent remarks, Trump pledged to ensure the “Fed’s independence,” yet hinted at a willingness to intervene.
Moreover, regarding Iran, Trump declared, “they know best,” referring to a specific deadline. The ensuing years, especially 2026, may reveal where these contradictions lead us.
Bitcoin and Cryptocurrencies
As the weekend looms, cryptocurrencies face grim prospects. Market observations from the previous day revealed that sales in cryptocurrencies might deepen, with the Asian markets’ opening signaling potential sales. At this moment, everything favors a bear market continuation. If bears capitalize on the low-volume over the weekend and initiate a heavy sell-off, BTC could dip below $81,000.
Roman Trading, however, addressed skeptics hesitant to acknowledge we’ve entered a bear cycle.
“When will we all finally acknowledge that $BTC is in the bear phase of the cycle? And progressing towards the 50k range…”
An analyst known as Columbus shared the above chart, asserting a lack of signs indicating a reversal. Anlcnc1 emphasized the importance of moving away from the ETF average cost area.
It’s indicated that by the end of the trading week, reliance on Wall Street’s support is crucial. Post-opening, Bitcoin must detach from the ETF average cost area at $82,600.
Anıl pointed to the disinterest of investors on the US front. “The discounted Coinbase Premium in Bitcoin is still not attracting institutional interest. Perhaps Saylor will step in next week. As long as the premium trend remains negative, the chances of a sustainable rise seem slim. It’s not worth debating.”
