📊 Bitcoin News Update — BTC Eyes $105K After Trump’s Iran Comment, All Eyes on FOMC Decision
Bitcoin rebounded toward $105,000 after former U.S. President Donald Trump revealed that Iran had reached out for dialogue with the U.S. The statement helped ease some of the market tension ahead of today’s critical Federal Reserve (FOMC) interest rate decision.
🔻 Pressure Still Mounting
Trump once again criticized Fed Chair Jerome Powell, calling him a “stupid person” while demanding interest rate cuts. However, the market doesn’t expect any major change in today’s meeting.
📈 Current Market Conditions
BTC dipped as low as $103,857, but quickly bounced back to retest the $105K mark. Traders are preparing for high volatility, with heavy buy orders stacked around the $103K level — signaling it as a strong support zone.
📉 What’s Next?
If the Fed takes a hawkish stance, Bitcoin could face downside pressure. But if Powell hints at flexibility or fewer inflation risks, BTC may push higher — possibly toward $112K.
📌 For now, the $103K–$105K range remains critical as the market awaits Fed clarity and further geopolitical signals.