How Did the Fed’s Interest Rate Decision Impact Bitcoin’s Rise on Trump? #bitcoin
How Does the Fed’s Interest Rate Decision Impact Bitcoin’s Rise and Trump’s Inauguration?
In his January 7 report, he explained his expectations for BTC’s performance in January, noting that market trends are closely linked to inflation data and Federal Reserve (FED) policy.
Thielen predicted that, supported by bullish sentiment ahead of the January 15 inflation data announcement, there is a “positive start” to the month.
Positive CPI data could fuel Bitcoin’s rally
As Trump’s inauguration approaches, a positive CPI report could fuel Bitcoin’s rally.
However, Thielen warned that this trend could ease as the Federal Open Market Committee (FOMC) meeting on January 29 approaches.
Thielen says the main “risks” to Bitcoin’s rally in 2025 lie in Fed policy.
According to the CME Group's FedWatch tool, the probability that the Fed will hold interest rates between 425 and 450 between FOMC policy meetings is 88.8%.$BTC
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