In light of Donald Trump's criticism of the Fed, the market, including Bitcoin, is reacting to expectations of changes in monetary policy.
Trump's Critique of the Fed
On July 31, Donald Trump publicly criticized the Chairman of the Federal Reserve, Jerome Powell, accusing him of slowing down interest rate cuts. Trump noted Powell as too slow and politicized in his role as Fed chair. Meanwhile, Powell emphasizes the importance of independence and data-driven decisions, stating: 'The Fed will continue to evaluate economic data on a meeting-by-meeting basis.'
Market Holds Steady: Fed Policy Expectations
Despite Trump's remarks, the Federal Reserve did not implement immediate changes in its July meeting. Markets broadly expect the Fed to maintain its current stance until the next meeting. Financial analysts and traders are cautiously optimistic, keeping an eye on possible changes in September. Importantly, the Fed is expected to avoid following a predetermined rate path.
Bitcoin Stays Stable Amid Policy Uncertainty
As of July 31, 2025, Bitcoin (BTC) is valued at $118,425.30, with a market cap of 2.36 trillion and a dominance of 60.61%. Its 24-hour trading volume reached $69.28 billion, reflecting a 0.51% increase over the past day. The market demonstrates stability amid uncertainty regarding Fed policy. Coincu analysts suggest that upcoming changes in financial policy could significantly influence asset prices, including Bitcoin.
Donald Trump's criticism of the Fed underscores the tension between political pressure and central bank independence. Expectations for future policy changes may impact financial markets and the value of cryptocurrencies.
