Bitcoin Starts Surging Toward $110K After Trump Says 'Fed Rate' Is 300 Basis Points Too High
2025-07-09 17:41
BTC jumped within 30 minutes of Trump’s rate-cut post as analysts weighed inflation risks and the impact of a potential 300 bp cut on asset prices. (157 characters)
BlockBeats news, on July 10th, according to Cointelegraph, Justin Sun announced that they will commit to purchasing $100 million worth of TRUMP, calling it "the currency that makes America Great Again (MAGA).
The price of Bitfinex BTC/USD has reached a historic high, currently trading at $111900, with a 24-hour increase of 2.71% and a turnover of $28.15 million.
After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)
