During a televised interview on June 29, 2025, Donald Trump called for the Federal Reserve to lower interest rates to 1% or 2%. His statement became a significant factor influencing investor sentiment and the cryptocurrency market.
Trump's Statement on Interest Rates
Donald Trump, U.S. President, stated, "Then we're gonna get somebody into the Fed who's going to be able to lower [the rates],... noting the rates should be at 1 or 2%. You know, if you look at Switzerland, they're the lowest right now. They're at much less than one point, and frankly, we should be there, too, because… without the United States, the whole world doesn't work."
Cryptocurrency Market Reacts to Changes
Following Trump's statements, the cryptocurrency market reacted with significant growth. Bitcoin reached new highs, and Ethereum also surged, indicating increased investor confidence in riskier assets. In the context of expected policy changes, investors may realign their portfolios.
Cryptocurrency Market Outlook
According to CoinMarketCap data, Bitcoin's current price is $107,704.25 with a market cap exceeding $2.14 trillion, maintaining a dominance of 64.51% in the crypto market. Coincu analysts suggest that if Trump's proposed rate cuts materialize, cryptocurrencies could see further bullish trends. However, ongoing regulatory challenges and potential volatility remain critical factors affecting both short-term and long-term market outcomes.
Trump's call for interest rate reductions could significantly impact financial markets, including cryptocurrencies. Investors will closely monitor developments to adjust their strategies.
