{"id":51497,"date":"2025-04-29T03:23:46","date_gmt":"2025-04-29T03:23:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-rally-gains-steam-above-95k-amid-fed-pressure-tariff-worries\/"},"modified":"2025-04-29T03:23:46","modified_gmt":"2025-04-29T03:23:46","slug":"bitcoin-rally-gains-steam-above-95k-amid-fed-pressure-tariff-worries","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-rally-gains-steam-above-95k-amid-fed-pressure-tariff-worries\/","title":{"rendered":"Bitcoin rally gains steam above $95K amid Fed pressure, tariff worries"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-31-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-31-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-31-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/04\/image-31-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Bitcoin climbed above $95,490 Monday ahead of Trump\u2019s 100-day speech, eyeing policy clarity.<\/li>\n<li>Potential confirmation of a US Bitcoin strategic reserve could be a major catalyst towards $100K.<\/li>\n<li>Bitcoin shows resilience (YTD +5.6%) vs. US stocks (YTD -5%) amid tariff uncertainty, boosting safe-haven appeal.<\/li>\n<\/ul>\n<p>Bitcoin demonstrated renewed strength on Monday, climbing back above the significant $95,000 mark as the broader financial markets turned their focus towards President Donald Trump\u2019s upcoming 100-day policy review speech.<\/p>\n<p>Amidst a complex macroeconomic backdrop shaped by Trump\u2019s second term policies, on-chain data showing significant Bitcoin withdrawals from exchanges added fuel to bullish sentiment, prompting speculation about a potential push towards the $100,000 milestone.<\/p>\n<h2>Anticipation builds ahead of Trump\u2019s 100-day review<\/h2>\n<p>After a period of consolidation, Bitcoin prices pushed higher, reaching levels above $95,490 according to CoinGecko data, marking an 0.8% gain over 24 hours and reflecting a robust 8.9% increase week-over-week.<\/p>\n<p>This price action mirrored gains seen in US equity markets, particularly among top technology stocks, as investors awaited clarity from Trump\u2019s address.<\/p>\n<p>Crypto-related policies have been a notable feature of Trump\u2019s second term thus far, and market participants are particularly keen for updates on proposals like the potential creation of a US Bitcoin strategic reserve.<\/p>\n<p>A definitive announcement confirming the strategic reserve initiative could serve as a powerful catalyst, potentially triggering a rapid (\u201cparabolic\u201d) move towards and beyond $100,000.<\/p>\n<p>Conversely, renewed emphasis on aggressive tariff strategies or drastic budget cuts in the speech could dampen overall market sentiment, potentially capping Bitcoin\u2019s near-term upside despite its recent resilience.<\/p>\n<h2>Macro crosscurrents: tariffs, inflation, and Fed pressure<\/h2>\n<p>The first 100 days of Trump\u2019s term have been marked by distinct policy trends influencing market dynamics.<\/p>\n<p>While US inflation has continued its downward trend (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump\u2019s continued advocacy for tariffs \u2013 measures widely warned by economists as potentially inflationary \u2013 creates tension.<\/p>\n<p>The President has claimed victory over inflation while simultaneously pushing for policies that could reignite price pressures.<\/p>\n<p>This backdrop informs Trump\u2019s recently intensified calls for the Federal Reserve to cut interest rates, including public pressure and threats aimed at replacing Fed Chair Jerome Powell.<\/p>\n<p>While these pronouncements have sparked market speculation, data from the CME FedWatch tool still indicates a dominant (90.1%) probability that the Fed will maintain current rates at its upcoming May 7 FOMC meeting.<\/p>\n<p>However, the administration\u2019s focus on tariffs (\u201cimpose across-the-board tariffs on most foreign-made goods\u201d) continues to inject uncertainty into US stock markets.<\/p>\n<p>This uncertainty appears to be bolstering Bitcoin\u2019s narrative as a potential safe-haven asset, relatively insulated from direct geopolitical trade spats and supply chain disruptions.<\/p>\n<p>Notably, Bitcoin has posted year-to-date gains of 5.6%, contrasting with declines seen in the S&amp;P 500 and Dow Jones indices (down 5% YTD) during the same period.<\/p>\n<p>Should Trump\u2019s policies continue to foster volatility in traditional financial (TradFi) markets, Bitcoin\u2019s perceived resilience could attract further capital inflows.<\/p>\n<h2>On-chain flows signal accumulation?<\/h2>\n<p>Adding weight to the bullish case is compelling on-chain data indicating significant Bitcoin movement off cryptocurrency exchanges.<\/p>\n<p>Analysis from CryptoQuant reveals that investors have withdrawn over $4 billion worth of Bitcoin from tracked exchange wallets since Trump\u2019s recent calls for rate cuts began around April 22.<\/p>\n<p>Total exchange reserve balances reportedly fell from $237.8 billion to $233.8 billion during this period.<\/p>\n<p>This trend of coins leaving exchanges is often interpreted bullishly, as it suggests investors are moving Bitcoin into private storage (\u201ccold wallets\u201d) for longer-term holding rather than keeping it readily available for sale on trading platforms.<\/p>\n<p>This reduction in easily accessible supply, coupled with potentially steady or increasing demand triggers (like the safe-haven narrative or strategic reserve news), strengthens the argument for a potential price breakout.<\/p>\n<h2>Bitcoin tests $95K resistance, eyes $100K breakout<\/h2>\n<p>With demand factors seemingly active and exchange supply tightening, the technical picture comes into sharp focus. Bitcoin is currently testing the significant resistance zone around 95,000\u221295,500.<\/p>\n<p>Successfully overcoming and holding above this level is seen as crucial for confirming the next leg higher.<\/p>\n<p>The $100,000 psychological milestone remains the key upside target in the near term, with the confluence of macro uncertainty, potential policy catalysts from Trump\u2019s speech, and supportive on-chain data suggesting the stage could be set for such a move.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/donald-trump-speech-looms-can-bitcoin-leverage-exchange-outflows-safe-haven-status-for-100k\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin climbed above $95,490 Monday ahead of Trump\u2019s 100-day speech, eyeing policy clarity. Potential confirmation of a US Bitcoin strategic reserve could be a major catalyst towards $100K. Bitcoin shows resilience (YTD +5.6%) vs. US stocks (YTD -5%) amid tariff uncertainty, [&hellip;]<\/p>\n","protected":false},"author":3947362378,"featured_media":51498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51497"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362378"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=51497"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/51498"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=51497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=51497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=51497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}