Bitcoin achieved a new record high of $124,000 on August 14, 2025, as Donald Trump called for interest rate cuts to 1%. This heightened speculation in the cryptocurrency market.
Bitcoin's New Record
Bitcoin has set a new all-time high of $124,000. This event came amid rising liquidity expectations in cryptocurrencies, influenced by Donald Trump's statements regarding potential interest rate cuts.
Impact of Donald Trump's Remarks
Donald Trump's remarks about the possibility of rate cuts had a significant impact on the crypto market. He noted, "I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September... we should probably be 150, 175 basis points lower."
Future of Cryptocurrency Market Amid Changes
Institutional participation in cryptocurrencies is increasing, attributed to a positive regulatory climate. This sets the stage for further growth and changes in financial markets.
Optimism in financial markets remains strong, and experts predict potential fluctuations in the cryptocurrency market in light of changes in interest rate policy.
