Be part of Our Telegram channel to remain updated on breaking information protection
Bitcoin surged to a brand new all-time excessive above $112k, buoyed by report inflows into spot Bitcoin ETFs and renewed political stress on the Fed for decrease charges from US President Donald Trump.
The BTC value has since pared features to commerce at $111,209.14 as of two:21 a.m., nonetheless 2% up up to now 24 hours.
Internet every day inflows for spot Bitcoin ETFs (exchange-traded funds) reached $215.7 million yesterday, pushing cumulative internet inflows above $50 billion, in response to information from Farside Traders.
The sturdy demand for spot Bitcoin ETFs “seems to be forcing underpositioned merchants again into the market,” stated 10x Analysis founder Markus Thielen in a notice to shoppers yesterday
Trump Pressures Fed For Large Charge Lower
“Our Fed Charge is AT LEAST 3 Factors too excessive,” Trump wrote on Fact Social, as he renewed criticism of Fed Chair Jerome Powell. “Too Late is costing the US 360 Billion {Dollars} a Level, PER YEAR, in refinancing prices… LOWER THE RATE. No Inflation, COMPANIES POURING INTO AMERICA. ‘The most popular Nation within the World!’ LOWER THE RATE.”
It is official:
President Trump is now calling for the primary 300+ foundation level rate of interest minimize in US historical past.
This is able to be 3 TIMES bigger than the 100 bps minimize on March fifteenth, 2020, the most important in historical past.
So, what occurs if the Fed does this? Allow us to clarify.
(a thread) pic.twitter.com/k3Bo0ri1zY
— The Kobeissi Letter (@KobeissiLetter) July 9, 2025
Thielen stated political stress from Trump on Powell is the primary driving pressure for the “sharp surge in Bitcoin ETF inflows since late April.”
Powell has resisted requires charge hikes, and up to date Fed minutes present a divided outlook—some officers see a charge minimize coming this month, whereas others argue reductions this 12 months can be untimely.
Associated Articles:
Greatest Pockets – Diversify Your Crypto Portfolio
Straightforward to Use, Characteristic-Pushed Crypto Pockets
Get Early Entry to Upcoming Token ICOs
Multi-Chain, Multi-Pockets, Non-Custodial
Now On App Retailer, Google Play
Stake To Earn Native Token $BEST
250,000+ Month-to-month Energetic Customers
Be part of Our Telegram channel to remain updated on breaking information protection
