Bitcoin News: Can Price Hit $250K As Trump Pushes Fed Chair Powell For Rate Cut?

As the United States enters a tense economic period, voices from politics and finance are shaping the Bitcoin news trend and market expectations.

One side features the United States President Donald Trump pressing for interest rate cuts.

With this, investors and prominent market analysts point to a growing support trend for Bitcoin.

Notably, this convergence of politics and crypto may set the stage for a major shift in market sentiment.

The Donald Trump Push for Interest Rate Cuts

President Donald Trump has once again turned his attention to the Federal Reserve.

His latest Truth Social posts targeted Fed Chair Jerome Powell, critiquing him for acting too late on economic matters.

Trump said there is a general agreement that the Fed should cut interest rates sooner rather than later.

He warned that if Powell delays this action again, it could have serious consequences. His criticism puts more pressure on the Fed during a time of market uncertainty.

The context around Trump’s remarks matters. The United States is currently facing over $36 trillion in debt.

On May 16, Moody’s reacted to the deficit by downgrading the U.S. credit rating. That move may increase borrowing costs and spark broader concern across global financial markets.

Interest rate decisions by the Fed have a direct influence on these dynamics.

If the Fed cuts rates, it could weaken the dollar and push investors toward alternative assets like Bitcoin.

Bitcoin News: Traders are Going Long

In recent weeks, Bitcoin news have featured whales and increasing trading activity.

Market analyst Vivek spotlighted a sizeable long position worth $276 million recently. It closely follows patterns seen in earlier profitable trades.

The trader behind this move has been tracked since early May 2025 and is reported to have gained $35 million in only ten days through smart trade timing.

Per historical trends, this move often signals insider knowledge or a firm conviction about market direction.

This is because the timing is important. For context, this large long position came just as the U.S. credit rating was downgraded.

Some investors expect Bitcoin to benefit from rising uncertainty in traditional markets.

Long positions of this size often signal a shift in momentum, which is currently leaning bullish.

The Scott Melker Prediction

Scott Melker, a known crypto analyst, added fuel to the bullish outlook amid the broader Donald Trump influence in the market.

In a recent video online, he mentioned that BTC price reaching $250,000 in 2025 is entirely possible.

He based this on two main observations: reduced volatility in Bitcoin and rising institutional investment.

According to Melker, these two factors show that Bitcoin is maturing as an asset.

It is no longer tied as closely to the S&P 500, and its growing support from major institutions may now give it a stronger foundation.

Melker’s view fits with what is happening in the broader market.

Institutional players are becoming more involved in crypto. One recent example is Coinbase’s inclusion in the S&P 500.

The Bitcoin news direction has pushed JPMorgan to recently predict that the coin could outperform gold as it approaches a new all-time high.

This signals that crypto is moving closer to the center of mainstream finance.

If this trend continues and the Fed cuts rates as prompted by President Donald Trump, Bitcoin could become more attractive to investors seeking to avoid the impact of a weaker dollar or higher national debt.

On a moderate position, some analysts believe a breakout to $120,000 is possible.

It could reach that new high if Bitcoin holds above $103,000 and clears the $108,000 level. At the time of writing, Bitcoin is trading at $102,996.35, down 1.16%.