Technology
Bitcoin Price Rally Pauses at $103K as Trump Issues New Updates on Russia War and Rate Cuts – Crypto News
Bitcoin price finds steady support at the $103,110 mark on Saturday, May 17 after Trump’s bold policy statements provided directional hints around Fed cuts and geopolitical risks. Trump’s Comments Stir Bitcoin Volatility as Rally Stalls Near $103K Bitcoin (BTC) paused its strong May rally on Friday, closing marginally lower at $103,110 after hitting intra-day highs of $103,677. The cooling momentum comes amid a flurry of updates from U.S. President Donald Trump, who reignited both macroeconomic and geopolitical discussions. Bitcoin (BTC) Price Action, May 17, 2o25 | Source: Coingecko Bitcoin traders appears to be reassessing bullish risk sentiment following his statements on Federal Reserve policy and an unexpected announcement regarding high-level talks with Russian President Vladimir Putin. “The Fed should cut rates sooner, rather than later.” Trump openly criticized Jerome Powell in a Truth Social post on Saturday, May 17, 2025. His remarks underscored renewed pressure on the central bank ahead… Read More at Coingape.com
The post Bitcoin Price Rally Pauses at $103K as Trump Issues New Updates on Russia War and Rate Cuts appeared first on CoinGape.
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