Will Fed’s Baby Steps Make Bitcoin Hit $112K? The Truth Will Shock You! 😱

by

So, the US Federal Reserve might cut interest rates earlier than your mom’s favorite holiday sale, and surprise—they think it could actually give Bitcoin a shot at that magical $112,000 level. Yep, just what you needed to hear when you’re already broke. 😂

“When these two more rate cuts happen (if they happen), it’s basically the crypto version of ‘hold my beer,’ and it will totally mess with Bitcoin’s future price moves,” said Carlo Pruscino, probably the most excited guy about rate cuts since he discovered coffee. “Bitcoin could hit $112K. Don’t say I didn’t warn you.“

Fed’s got enough data, but still playing guessing games like it’s The Bachelor

On May 22, Bitcoin hit a high note of $111,970, then took a quick little nap to $102,766 (probably tired from all that hitting highs). According to CoinMarketCap, it’s doing the Bitcoin hopscotch of the day. 🤷‍♂️

Market peeps (aka the financial version of “everyone’s a critic”) are pretty sure the Fed’s just going to sit tight during the June 18 meeting, with a 97.5% chance they’ll keep rates between 4.25% and 4.50%, because apparently, the economy is like that kid who’s not quite sure if they want to share their lunch. 🍔

Bitcoin chart with ups and downs

Pruscino says the Fed has “enough data” (meaning they’ve seen your Netflix history and know what’s up) but still face the wild card of Trump’s tariffs. Yes, tariffs—because nothing says “stable economy” like baseball bats and foreign steel. ⚾

“The real wildcard? Tariffs and trade policies,” Pruscino explains, “so until the US figures out if they want to play nice or throw a tantrum, we’re all just holding our breath and hoping Bitcoin gets its glow-up.”

US Jobs Report: The Cryptocurrency Crystal Ball 🔮

The US Court of International Trade is basically the TMZ of tariffs—blocking Trump’s attempts to jet set with more tariffs, then letting him double down on steel and aluminum. Talk about dramatic! ⚔️

Pruscino notes the upcoming US jobs report (June 6) is pretty much the crystal ball for Bitcoin’s mood swings and whether the Fed will cut rates or keep pretending it’s all under control.

“If we see the jobs report blow up with more than 250,000 jobs, market’s gonna be like, ‘Whoa, hold the phone!’ and maybe delay those rate cuts,” he said, probably while sipping a latte. ☕

In sum? Stay tuned, and maybe start practicing your Bitcoin happy dance. Or just binge-watch TV until everything settles. Either way, it’s gonna be a wild ride. 🎢

Read More

2025-06-06 09:42