Trump VS Musk : Bitcoin’s Bottom While Everyone Slept
On Tuesday, June 10, 2025, Bitcoin (BTC) bounced back to $110,000 after briefly touching $100,000, a move that went unnoticed amidst the media storm of the clash between Donald Trump and Elon Musk.
While the world followed this X dispute, macroeconomic and technical factors drove BTC up from a key support level. With three major events this week – the Fed meeting, US inflation figures, and USA-China negotiations – this week could redefine the crypto markets. Let’s analyze the reasons and outlook.
Indeed, last weekend, the verbal war between Trump and Musk captured attention. Musk accused Trump of precipitating a recession, with Trump threatening to cut SpaceX contracts, before Musk brought up the Epstein matter.
This escalation triggered panic, causing BTC to drop to $100,000, a level tested several times in May 2025. However, this dip acted as a psychological and technical support, leading to a 7% rebound in 24 hours, according to CoinMarketCap.
This reset revealed a key lesson : media dramas often mask fundamental movements. While retail investors were distracted, whales and institutions seized the opportunity, quietly accumulating BTC.
The Real Catalysts : Three Major Macroeconomic Events
Three major developments explain this rebound, overshadowed by the Trump-Musk noise :
- USA-China Negotiations in London
Started on Monday, June 9, in London, these discussions aim to ease trade tensions, as noted by CryptoBeast on X. A relaxation between these two economic giants boosts risk assets like BTC, which quickly responds to these positive signals. If a partial agreement is announced by Wednesday, BTC could target $110,000. - Federal Reserve Meeting
Scheduled this week, this meeting will decide on interest rates. A “dovish” scenario could inject liquidity, favoring a crypto rally. Conversely, a “hawkish” policy could dampen momentum. Markets anticipate a pause, according to Bloomberg, currently supporting the rebound. - US Inflation Figures
The CPI and PPI indices, expected on Thursday, will be crucial. Slowing inflation (expected at 2.5% according to CryptoTimes on June 9) would give the Fed more flexibility, boosting assets like BTC. A figure above 2.6% could, however, trigger a correction.
Market Signals : What the Data Says
Data confirms this resilience. BTC has regained 9% since its low, consolidating support at $100,000. Ethereum (ETH) has outperformed with +36% since April 2025, suggesting a possible rotation to altcoins if BTC stabilizes. BTC dominance remains high at 64.70%, indicating a preference for safety.
Altcoins, with a total market cap excluding BTC (Total2) of $1.17 trillion, are still struggling, but a breakthrough above $110,000 could trigger a general rally. Whales took advantage of the dip to accumulate 25,000 BTC yesterday, according to Glassnode, while companies like MicroStrategy added 5,000 BTC to their holdings, boosting institutional demand.
In conclusion, if the Fed adopts an accommodating stance, inflation slows down, and USA-China negotiations progress, Bitcoin could reach $114 to $116,000 by Friday. However, increased volatility is expected, with a risk of falling to $105,000 if the catalysts disappoint.
In summary, Bitcoin’s rebound to $107,000 on June 10, 2025, overshadowed by the Trump-Musk clash, is based on technical supports, USA-China negotiations, and expectations around the Fed and inflation. Whales and institutions quietly exploited this “bottom”.
As a result, ETFs Bitcoin are back in the positive, which could provide the necessary liquidity to propel its price to a new ATH.
This week could propel BTC to $116,000 if signals remain positive, offering a key opportunity for Francophone investors.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies involve high risks; conduct your own research before investing.
