Coinspeaker
Mar 17, 2026 upd. 10 Jun

Trump pressures Fed to cut; markets expect hold, Bitcoin stays near $74k

2 min

Trump pushes emergency rate cuts; Bitcoin stalls below $75k into FOMC

Bitcoin (BTC) trades near $73,900 and holds below $75,000 as President Trump urges an immediate “special meeting” for rate cuts. Markets reprice liquidity odds ahead of the March FOMC. Price source, reporting.

The CME FedWatch shows a 99% chance of no change this week. The April 29 meeting sits at 97% for a hold. CME FedWatch.

Binary setup for risk assets. A hold keeps liquidity tight. A dovish hint could be read as capitulation and ignite a broad risk rally. Cross-asset context.

BTC trades as a high-beta liquidity proxy. Its 30D correlation with the Nasdaq 100 remains tight, so lower yields would favor growth assets. If bonds price a policy error and the 10Y jumps, Bitcoin could decouple toward “digital gold” behavior. Analysis, bond signals.

Technicals stay neutral. Key resistance sits near $72,000. A clean reclaim on spot volume would signal breakout. RSI hovers around 50 as the market waits for the FOMC statement and dot plot. Chart.

Range-bound volatility likely persists until the Fed clarifies its stance versus executive pressure. Path odds, reporting.

  • What to watch: FOMC decision and dot plot; implied path via FedWatch.
  • Rates reaction: yields down favors beta; yields up risks a policy-error bid in hard assets. Detail.
  • Levels: resistance ~$72,000; a break lower puts $70,000 support in play if macro shocks hit. Support risk, chart.

BTC price action chart