Bitcoin Updates: Trump Urges Rate Cuts While Fed Remains Cautious—Bitcoin Drops Into Bear Market

Trump's Discontent With Fed Interest Rates Triggers

Market Turbulence as Global Policies Shift

U.S. President Donald Trump has intensified his criticism of the Federal Reserve, jokingly threatening to dismiss Treasury Secretary Scott Bessent if interest rates are not cut more swiftly. Speaking at a U.S.-Saudi investment forum in Washington, Trump remarked, "The only thing Scott's messing up is the Fed... if you don't sort it out soon, I'll have to let you go,"

. Though said in jest, his comments highlighted his growing impatience with the Fed's measured pace on rate reductions, which he claims are hindering economic expansion and driving up the national debt. Bessent, who does not control rate policy, has instead been to succeed Federal Reserve Chair Jerome Powell, whose term concludes in May 2026.

At the same time, Bitcoin has entered what on-chain experts call the "most bearish" stage of its ongoing bull run. CryptoQuant reports that

, and Bitcoin's value has slipped beneath its 365-day moving average of $102,600, a significant technical marker. This downturn comes as institutional demand wanes, including from corporate treasuries that once buoyed the market. its Bitcoin acquisitions, despite a recent $835 million purchase. Inflows into ETFs have also decelerated, with net inflows for the year at $27.4 billion—52% lower than 2024's figures— .

This negative outlook stands in contrast to Trump's advocacy for rapid monetary easing, which could indirectly shape Bitcoin's future. Trump has consistently criticized Fed Chair Jerome Powell and suggested he may appoint a more dovish replacement, though

. Bessent also shared that Trump is narrowing down his choices for the next Fed chair, . The result of this process could signal major policy changes, potentially impacting global capital movement and the cryptocurrency sector.

Separately, India's government is weighing a regulatory framework for stablecoins, diverging from the Reserve Bank of India's (RBI) more conservative approach.

in its 2025-2026 Economic Survey, while the RBI continues to warn that digital assets could threaten financial stability. such as the Unified Payments Interface (UPI), as alternatives to stablecoins backed by foreign assets. Still, may legitimize cryptocurrencies in the world's largest democracy, encouraging adoption and affecting regional markets.

Amid these regulatory changes, new financial products are being introduced to take advantage of crypto's price swings.

3x leveraged and inverse Bitcoin and ETFs on the SIX Exchange, despite Bitcoin's 21% decline this month. These offerings, scheduled for release in November 2025, demonstrate growing institutional interest in crypto derivatives, though experts caution about increased risks during volatile markets.

As Trump pursues changes at the Fed and global regulatory discussions continue, Bitcoin's journey toward the $200,000 mark—a once popular prediction—now seems increasingly dependent on broader economic stability and institutional backing. With crucial technical support near $90,000 and no obvious catalysts in sight, the market faces a precarious balance between further declines and possible recoveries.