{"id":2284,"date":"2025-01-09T06:00:31","date_gmt":"2025-01-09T06:00:31","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-to-blast-off-trumps-fury-over-interest-rates-signals-big-move\/"},"modified":"2025-01-09T06:00:31","modified_gmt":"2025-01-09T06:00:31","slug":"bitcoin-to-blast-off-trumps-fury-over-interest-rates-signals-big-move","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-to-blast-off-trumps-fury-over-interest-rates-signals-big-move\/","title":{"rendered":"Bitcoin To Blast Off? Trump\u2019s Fury Over Interest Rates Signals Big Move"},"content":{"rendered":"

Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates \u201cfar too high\u201d despite persistent inflationary pressures. \u201cWe are inheriting a difficult situation from the outgoing administration,\u201d Trump said at his Mar-a-Lago club, adding that officials seem to be \u201ctrying everything they can to make it more difficult\u201d for his incoming team.<\/p>\n

The blunt remarks, coming fewer than two weeks before Trump\u2019s inauguration, have stoked anticipation of a possible shift in US monetary policy\u2014and raised speculation about a boost for Bitcoin and other risk assets in the new year.<\/p>\n

The 2017 Trump Playbook: Dollar \u201cToo Strong\u201d, Bitcoin Up?<\/h2>\n

Although the economic and geopolitical landscape has changed since Trump\u2019s first term, some market watchers see parallels to his 2017 rhetoric. Back then, he lambasted a US dollar that he deemed \u201ctoo strong,\u201d a stance that preceded a notable decline in the currency. The US Dollar Index (DXY) peaked near 104 in early January 2017 but began a downward trend that extended into early 2018, bottoming out around 98.<\/p>\n

This sharp move in the dollar coincided with a broader risk-on environment, fueling rallies in equities as well as the Bitcoin and crypto markets. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), drew a direct comparison<\/a> on X.<\/p>\n

\u201cThe last time Trump said something was \u2018too high,\u2019 it was the dollar – back in January 2017, just days before his inauguration,\u201d Bittel stated and recounted: \u201cHere’s what he said: \u2018Our companies can’t compete with them now because our currency is too strong. And it’s killing us.\u201d<\/p>\n

Notably, last year, Trump also called recent strength a “tremendous burden on US businesses.\u201d Bittel further argued: \u201cTrump understands the impact of a strong dollar \u2013 and the same logic applies to high interest rates. They suppress exports, hurt corporate earnings, and slow economic growth.\u201d<\/p>\n

Speaking on the impact on Bitcoin and the broader crypto market, Bittel concluded: \u201cWhat happened next? Well, the dollar began a significant decline, setting the stage for one of the most pivotal macro moves we\u2019ve seen in years \u2013 triggering a melt-up in risk assets. D\u00e9j\u00e0 vu? I think so. Let\u2019s see how it plays out.\u201d<\/p>\n

\"DXY<\/p>\n

Bittel is not the only expert speculating that the DXY may already have peaked, mirroring its 2017 topping pattern. Steve Donz\u00e9, Deputy CIO for Multi Asset at Pictet Asset Management Japan, shared a widely DXY movements with the currency\u2019s trajectory in early 2017. The chart suggests a similar pattern that could foreshadow renewed dollar weakness in the coming weeks.<\/p>\n

\"DXY<\/p>\n

In a separate post, financial analyst Silver Surfer (@SilverSurfer_23) pointed to an uncanny timing overlap: \u201cDXY topped on January 3rd, 2017\u201418 days before Trump\u2019s Inauguration. DXY looks to have topped on January 2nd, 2025\u201419 days before Trump\u2019s Inauguration.\u201d He characterized the parallel as \u201ccrazy history repeating,\u201d explaining that he sees a correlation between the path of the DXY before both inaugurations.<\/p>\n

Such analogies are fueling speculation that a repeat dollar slump could usher in an environment favoring risk assets. Should the dollar indeed enter a new downtrend\u2014much like in 2017\u20132018\u2014Bitcoin could ride a wave of renewed liquidity and speculative appetite.<\/p>\n

At press time, BTC traded at $94,950.<\/p>\n

\"Bitcoin<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates \u201cfar too high\u201d despite persistent inflationary pressures. \u201cWe are inheriting a difficult situation from the outgoing administration,\u201d Trump said at his Mar-a-Lago club, adding that officials seem to be \u201ctrying everything they can to make it more…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,28,29,32,33,34,462,1352,1353],"class_list":["post-2284","post","type-post","status-publish","format-standard","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-donald-trump","tag-dxy","tag-trump-interest-rates"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=2284"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2284\/revisions"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}