Cointelegraph reports that market analyst Carlo Pruscino stated that if the Federal Reserve cuts interest rates earlier, it could drive the price of Bitcoin back up to $112,000. On May 22, Bitcoin reached a new high of $111,970, but has now fallen back to $102,766. The market expects the Federal Reserve to maintain interest rates between 4.25% and 4.50% on June 18. Pruscino pointed out that the Federal Reserve has enough data to make a decision, but Trump’s tariff policy remains an unknown factor. The U.S. employment report will be a key indicator for interest rates and Bitcoin price trends. The U.S. International Trade Court had blocked Trump’s tariff increases, but the appeals court allowed them to continue, and Trump recently raised foreign steel and aluminum tariffs to 50%.