As the big day for Bitcoin approaches, QCP shares its forecast: Trump's pressure continues! - Coin Bulletin

It remains to be seen whether the Central Bank of the USA will maintain its stance against the pressure from Trump for a rate rebate while it is expected not to change interest rates in this week's policy meeting.

In the assessment published by QCP Capital on Sunday, it was shared that the Fed is expected not to change interest rates at this week's meeting. Despite PCE data showing that inflationary pressures are decreasing, there is a risk that increasing import tariffs could trigger price instability again. The fundamental question is whether the Fed will continue to resist President Trump's political pressure for interest rate cuts or change its stance.

(# Data is resilient but uncertainty continues

The macroeconomic data released on Friday provided various signals regarding the state of the US economy. Non-farm payrolls increased by 177,000, surpassing the expectation of 133,000, while the unemployment rate remained steady at 4.2%. However, in the underlying picture behind the headline figures, economists warn that the full economic impact of the tariffs implemented recently has yet to materialize.

Markets responded to the data with cautious optimism. The S&P 500 index continued its rise for the 10th consecutive trading day amid resilient data and hopes for a potential easing in trade tensions. This effectively reversed the selling wave experienced after Liberation Day.

Stable capital inflows into spot Bitcoin ETFs indicate that institutional demand continues and that the asset's increasing role in diversified portfolios is evident. Analysts believe that the growing institutional interest in the crypto market could positively impact the Bitcoin price in the long run.

In light of these developments, the Fed decision and the US-China trade negotiations will continue to be important factors determining the course of the markets in the coming days. President Trump's confirmation that he has no plans to meet with Chinese leadership this week, but mentioning that trade agreements with other unnamed partners may be announced soon, keeps the markets on alert.