Bitcoin Rallies as Trump Turns Up Heat on the Fed

Last week, financial markets were rocked by renewed political tension and macroeconomic uncertainty as President Trump ramped up pressure on the Federal Reserve. While US equities and the dollar slumped, crypto markets surged, with Bitcoin briefly topping $88,000 and showing resilience amid risk-off sentiment. Japanese firm Metaplanet expanded its Bitcoin holdings, further aligning itself with the MicroStrategy playbook. Meanwhile, Gold rallied to fresh highs, and technical indicators suggest Bitcoin’s bull run may face stiff resistance ahead.

Crypto Climbs as Trump Targets Fed and Markets Sink

As tensions escalated between President Trump and Fed Chair Jerome Powell, U.S. stocks tumbled, and the dollar hit a three-year low while crypto markets surged. Trump renewed his calls for interest rate cuts, slamming Powell’s policy stance amid rising concerns over tariffs and stagflation. The S&P 500 and Nasdaq each fell over 2%, while Bitcoin climbed to a four-week high near $88,500, showing strong resilience as digital assets decoupled from broader market volatility.

Metaplanet Expands Bitcoin Holdings Amid Strategic Shift

Japanese investment firm Metaplanet added 330 BTC—worth over $28 million—to its holdings on Monday, bringing its total to 4,855 BTC valued at more than $422 million. The Tokyo Stock Exchange-listed company has spent $414.5 million on Bitcoin since 2024 at an average price of $85,386. Often compared to MicroStrategy, Metaplanet has rebranded itself as a Bitcoin treasury vehicle, offering stock investors exposure to BTC.

Technical Analysis and Potential Targets

Bitcoin (BTCUSD) extended its three-week rally, climbing to $88,766 amid improving technical conditions and firm underlying sentiment. Price action remains constructive, with BTC holding above both the 20- and 50-period Exponential Moving Averages—a signal of sustained buying interest.

Momentum indicators are supportive, with the Momentum Oscillator and RSI maintaining levels consistent with a bullish trend. Should strength persist, near-term resistance is seen at $90,026, followed by $92,699 and $94,884. On the flip side, a drop below $84,744 or $82,984 could mark the beginning of a pullback or trend reversal.

That said, the 20-period EMA has yet to complete a bullish crossover above the 50-period EMA, suggesting that while the uptrend remains intact, confirmation of a more decisive breakout is still pending.

Bitcoin Rallies, Bears Rattled as Trump Slams Fed Chief

Bitcoin rallied above $88,000 on Monday—its highest since March—before paring gains, triggering over $97 million in BTC short liquidations. The move came amid a broader market sell-off sparked by President Trump’s renewed attacks on Fed Chair Jerome Powell, whom he called a “major loser.” While US stocks tumbled and Gold hit new highs, Bitcoin showed signs of decoupling from equities, with crypto markets holding firm despite macro turmoil. Ethereum and Solana showed mixed results, while Dogecoin and XRP edged higher.

Bitcoin Bulls Eye $92K—but Resistance Could Stall the Rally

Bitcoin’s rally may be approaching a key inflection point, with some analysts highlighting strong resistance around the $92K level. This area coincides with a psychological and technical barrier. Historically, during periods of weaker sentiment, this level has marked reversals or consolidation phases. Analysts caution that unless buying momentum strengthens, Bitcoin could struggle to push higher in the near term.

Conclusion

Last week, financial markets faced renewed volatility as President Trump’s intensified criticism of the Federal Reserve pressured traditional assets. While US stocks and the dollar dropped, Bitcoin surged past $88,000, showing resilience amid macro uncertainty. Japanese firm Metaplanet continued its aggressive Bitcoin accumulation, positioning itself as a regional counterpart to MicroStrategy. Gold also rallied to record highs. Technically, Bitcoin remains bullish but faces stiff resistance near $92K, where analysts see potential consolidation unless momentum builds.