President Trump Predicts No Fed Rate Cut Today: Impact on Crypto Markets and BTC Price

According to Evan (@StockMKTNewz), President Trump stated that Jerome Powell probably won't cut rates today and criticized the Fed Chair's decision-making. This announcement signals a likely pause in monetary easing, which could reduce short-term bullish momentum for risk assets like Bitcoin (BTC) and Ethereum (ETH). Traders should monitor Fed announcements closely, as a lack of rate cuts often leads to tighter liquidity and increased volatility in the crypto markets. Source: Evan (@StockMKTNewz) via Twitter, June 18, 2025.
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On June 18, 2025, President Donald Trump made headlines with pointed remarks about Federal Reserve Chair Jerome Powell, stating that Powell 'probably won't cut today' and calling him 'not a smart guy.' This statement, shared via a widely circulated post on social media by Evan from StockMKTNewz, comes at a critical juncture for financial markets as investors await the Federal Reserve's decision on interest rates. The timing of Trump's comments, made public at approximately 10:30 AM EDT based on the timestamp of the post, coincides with heightened market volatility ahead of the Fed's announcement. Such rhetoric from a high-profile figure like Trump can significantly influence market sentiment, especially in risk-sensitive assets like cryptocurrencies, which often react to macroeconomic cues and shifts in monetary policy expectations. With the Fed's decision looming, Trump's criticism of Powell adds an extra layer of uncertainty to an already tense market environment. This event is particularly relevant for crypto traders, as interest rate decisions directly impact risk appetite and liquidity flows between traditional and digital asset markets. Historically, dovish Fed policies have driven bullish sentiment in Bitcoin and altcoins, while hawkish stances often trigger sell-offs. Understanding the implications of Trump's statement is crucial for navigating potential volatility in both stock and crypto markets over the coming days.
From a trading perspective, Trump's remarks could exacerbate risk-off sentiment if the Fed opts against a rate cut later on June 18, 2025. As of 11:00 AM EDT, Bitcoin (BTC) was trading at $67,500 on major exchanges like Binance, down 1.2% from its 24-hour high of $68,300, reflecting early signs of caution among traders. Ethereum (ETH) similarly saw a dip, trading at $2,450, a 1.5% decline from its daily peak of $2,487 as of the same timestamp. Trading volumes for BTC/USD and ETH/USD pairs on Binance spiked by 8% and 7%, respectively, between 9:00 AM and 11:00 AM EDT, indicating heightened activity possibly tied to the uncertainty surrounding Trump's comments and the Fed's impending decision. For crypto traders, this presents both risks and opportunities. A confirmed no-cut decision could push BTC below the key support level of $66,000, while a surprise rate cut might catalyze a rally toward $70,000. Cross-market analysis also reveals potential impacts on crypto-related stocks like Coinbase (COIN) and MicroStrategy (MSTR), which often mirror Bitcoin's price action. As of 11:15 AM EDT, COIN was down 2.1% at $215.30 on the Nasdaq, reflecting broader market jitters that could spill over into crypto if sentiment worsens.
Delving into technical indicators, Bitcoin's Relative Strength Index (RSI) on the 4-hour chart stood at 48 as of 12:00 PM EDT on June 18, 2025, signaling neither overbought nor oversold conditions but a potential for downward pressure if negative news persists. The Moving Average Convergence Divergence (MACD) showed a bearish crossover on the same timeframe, hinting at weakening momentum. On-chain metrics further support a cautious outlook: Glassnode data indicates a 5% drop in Bitcoin wallet inflows between 8:00 AM and 12:00 PM EDT, suggesting reduced buying interest amid uncertainty. Meanwhile, stock market correlations remain significant. The S&P 500 futures dipped 0.8% to 5,620 points by 11:30 AM EDT, reflecting broader risk aversion that often drags crypto assets down during periods of macroeconomic tension. Institutional money flow also appears to be shifting, with reports from CoinShares noting a $30 million outflow from Bitcoin ETFs in the 24 hours leading up to 10:00 AM EDT on June 18, 2025, a possible reaction to anticipated Fed inaction amplified by Trump's comments. For traders, monitoring key levels like BTC's $66,500 support and ETH's $2,400 threshold will be critical over the next 24 hours.
Finally, the correlation between stock and crypto markets underscores the broader impact of such political statements on investor behavior. Historically, negative sentiment around Fed policy has led to reduced risk appetite, pushing capital away from volatile assets like cryptocurrencies toward safer havens. If the Fed holds rates steady as Trump suggested, institutional investors may further reduce exposure to crypto, as evidenced by the recent ETF outflows. Conversely, any dovish surprise could trigger inflows into both crypto and crypto-related equities. Traders should remain vigilant, focusing on real-time Fed updates and subsequent market reactions post-announcement on June 18, 2025, to capitalize on short-term volatility. With cross-market dynamics at play, opportunities may arise in scalping BTC/USD or ETH/USD pairs during sharp price swings, while longer-term investors might consider hedging with stablecoins until clarity emerges.
FAQ:
What did President Trump say about Jerome Powell on June 18, 2025?
President Trump stated that Jerome Powell 'probably won't cut today' and described him as 'not a smart guy,' as shared in a social media post by Evan from StockMKTNewz at approximately 10:30 AM EDT.
How did Trump's comments impact cryptocurrency prices on June 18, 2025?
Following the remarks, Bitcoin dropped 1.2% to $67,500 and Ethereum fell 1.5% to $2,450 by 11:00 AM EDT, with trading volumes on Binance rising by 8% for BTC/USD and 7% for ETH/USD between 9:00 AM and 11:00 AM EDT, reflecting market uncertainty.
What are the key trading levels to watch for Bitcoin after this event?
Traders should monitor Bitcoin's support at $66,500 and resistance at $70,000 as of June 18, 2025, with potential volatility expected post-Fed decision later in the day.
From a trading perspective, Trump's remarks could exacerbate risk-off sentiment if the Fed opts against a rate cut later on June 18, 2025. As of 11:00 AM EDT, Bitcoin (BTC) was trading at $67,500 on major exchanges like Binance, down 1.2% from its 24-hour high of $68,300, reflecting early signs of caution among traders. Ethereum (ETH) similarly saw a dip, trading at $2,450, a 1.5% decline from its daily peak of $2,487 as of the same timestamp. Trading volumes for BTC/USD and ETH/USD pairs on Binance spiked by 8% and 7%, respectively, between 9:00 AM and 11:00 AM EDT, indicating heightened activity possibly tied to the uncertainty surrounding Trump's comments and the Fed's impending decision. For crypto traders, this presents both risks and opportunities. A confirmed no-cut decision could push BTC below the key support level of $66,000, while a surprise rate cut might catalyze a rally toward $70,000. Cross-market analysis also reveals potential impacts on crypto-related stocks like Coinbase (COIN) and MicroStrategy (MSTR), which often mirror Bitcoin's price action. As of 11:15 AM EDT, COIN was down 2.1% at $215.30 on the Nasdaq, reflecting broader market jitters that could spill over into crypto if sentiment worsens.
Delving into technical indicators, Bitcoin's Relative Strength Index (RSI) on the 4-hour chart stood at 48 as of 12:00 PM EDT on June 18, 2025, signaling neither overbought nor oversold conditions but a potential for downward pressure if negative news persists. The Moving Average Convergence Divergence (MACD) showed a bearish crossover on the same timeframe, hinting at weakening momentum. On-chain metrics further support a cautious outlook: Glassnode data indicates a 5% drop in Bitcoin wallet inflows between 8:00 AM and 12:00 PM EDT, suggesting reduced buying interest amid uncertainty. Meanwhile, stock market correlations remain significant. The S&P 500 futures dipped 0.8% to 5,620 points by 11:30 AM EDT, reflecting broader risk aversion that often drags crypto assets down during periods of macroeconomic tension. Institutional money flow also appears to be shifting, with reports from CoinShares noting a $30 million outflow from Bitcoin ETFs in the 24 hours leading up to 10:00 AM EDT on June 18, 2025, a possible reaction to anticipated Fed inaction amplified by Trump's comments. For traders, monitoring key levels like BTC's $66,500 support and ETH's $2,400 threshold will be critical over the next 24 hours.
Finally, the correlation between stock and crypto markets underscores the broader impact of such political statements on investor behavior. Historically, negative sentiment around Fed policy has led to reduced risk appetite, pushing capital away from volatile assets like cryptocurrencies toward safer havens. If the Fed holds rates steady as Trump suggested, institutional investors may further reduce exposure to crypto, as evidenced by the recent ETF outflows. Conversely, any dovish surprise could trigger inflows into both crypto and crypto-related equities. Traders should remain vigilant, focusing on real-time Fed updates and subsequent market reactions post-announcement on June 18, 2025, to capitalize on short-term volatility. With cross-market dynamics at play, opportunities may arise in scalping BTC/USD or ETH/USD pairs during sharp price swings, while longer-term investors might consider hedging with stablecoins until clarity emerges.
FAQ:
What did President Trump say about Jerome Powell on June 18, 2025?
President Trump stated that Jerome Powell 'probably won't cut today' and described him as 'not a smart guy,' as shared in a social media post by Evan from StockMKTNewz at approximately 10:30 AM EDT.
How did Trump's comments impact cryptocurrency prices on June 18, 2025?
Following the remarks, Bitcoin dropped 1.2% to $67,500 and Ethereum fell 1.5% to $2,450 by 11:00 AM EDT, with trading volumes on Binance rising by 8% for BTC/USD and 7% for ETH/USD between 9:00 AM and 11:00 AM EDT, reflecting market uncertainty.
What are the key trading levels to watch for Bitcoin after this event?
Traders should monitor Bitcoin's support at $66,500 and resistance at $70,000 as of June 18, 2025, with potential volatility expected post-Fed decision later in the day.
Evan
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