The Federal Reserve kept its key rates between 4.25% and 4.5% during its meeting on June 18, but pressure from the markets and Donald Trump could push it to ease its monetary policy as early as September. BTC reacted little to this news, as the price continues to hover around $105,000. Despite weak demand from retail investors, could the king of cryptocurrencies explode in the coming months? We look at the BTC situation in today's report!
The price of Bitcoin is stagnant over the last 24 hours
The Fed's decision to keep rates unchanged was not a surprise for the market. As a result, the price of Bitcoin is stagnant over the last 24 hours.
BTC drops slightly in a week (-2.5%), but for about a month, it has been hovering around $105,000. On the other hand, the BTC/ETH pair rises by 6.5% in a week, but it drops by 2.3% over three months.
Never two without three for the price of Bitcoin which could rise again
In 2025, Bitcoin must face macroeconomic uncertainties (tariffs, interest rates), as well as geopolitical conflicts (Israel-Iran). But with the recent ATH beyond $110,000, BTC shows that it is capable of bouncing back after a difficult period.
Is BTC just taking a brief pause before rising again? Since 2011, Bitcoin's bullish cycles have been characterized by three consecutive years of increase. And if it follows the performance of the last two years, an increase of over 100% is possible:
For now, the price shows a modest increase of about 12%. But investors are responding positively to cryptocurrency-related investment products, and long-term holders are accumulating at a pace reminiscent of the end of 2024. This demand could allow the king of cryptos to soar beyond $110,000.