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Bitcoin Starts Surging Toward $110K After Trump Says 'Fed Rate' Is 300 Basis Points Too High
coindesk.com/markets/2025/07/09/bitcoin-starts-surging-toward-usd110k-after-trump-says-fed-rate-is-300-basis-points-too-high
Bitcoin surged to $109,343 on July 9, up 0.8% over the prior 24 hours, according to CoinDesk Research's technical analysis model.
In a Truth Social post at 10:00 a.m. ET, Trump declared that the U.S. federal funds rate is “at least 3 points too high,” referring to a 300 basis point (3%)…
This story appeared on coindesk.com, 2025-07-09 17:20:28.