19h05 ▪
5
min read ▪ by
No Fed rate cut, no panic. While the Federal Reserve’s decision to keep interest rates unchanged disappointed many, Michael Saylor, Executive Chairman of Strategy, remained entirely unfazed.
In Brief
Michael Saylor remains confident in Bitcoin despite the Fed’s decision to hold interest rates steady.
U.S. President Donald Trump criticised Fed Chair Jerome Powell for not cutting rates.
Some experts see the Fed’s hold as potentially positive for Bitcoin amid stagflation and economic uncertainty.
Fed Holds Rates, Saylor Keeps Buying
Sticking to his usual style, Saylor posted a Bitcoin-themed message on X. This time, he shared an animated clip showing himself in a suit and orange tie, sitting on a yacht, captioned ‘₿e Free’. The video conveyed his belief that Bitcoin (BTC) continues to embody financial freedom and independence.
Prior to his most recent post, on June 17, Saylor shared an image of himself in a boxing ring, emphasising that sometimes it is necessary to fight for Bitcoin.
Meanwhile, earlier in the week, Strategy revealed that it purchased 10,100 BTC for about $1.05 billion. That puts the average price at around $104,080 per coin. As of June 15, 2025, the company holds 592,100 BTC in total.
The total cost of that stash comes to roughly $41.84 billion, with an average price of $70,666 per BTC. So far in 2025, the company’s Bitcoin holdings have seen a return of 19.1%.
Diverging Views on the Fed’s Decision
While Saylor stayed calm, U.S. President Donald Trump voiced strong criticism of Federal Reserve Chair Jerome Powell.
Trump blamed Powell for economic setbacks caused by the decision not to lower interest rates, stating it has cost the country billions. He urged the Fed chair to reconsider the policy or step aside.
In the crypto community, top analyst Anthony Pompliano also expressed frustration, describing the Fed’s stance as “ridiculous”.
Yet, some experts saw the rate hold as potentially beneficial for Bitcoin. David Hernandez, crypto investment specialist at 21Shares, noted that economic challenges like stagflation could increase demand for Bitcoin as a hedge — as shown by Bitcoin’s resilience amid Fed rate pause and economic uncertainty.
Hernandez added that easing policies in other countries might inject liquidity into global markets, some of which could flow into crypto, especially Bitcoin, supporting its price. He told The Block:
Ultimately, the Federal Reserve’s latest projections paint a picture of an economy under strain, facing the difficult combination of slow growth and persistent inflation. This environment naturally casts a spotlight on assets that can offer protection from these pressures.
David Hernandez, crypto investment specialist at 21Shares
Fed’s Pause and Its Impact on Bitcoin and Market Sentiment
Amr Taha, a contributor on CryptoQuant, revealed that after the Federal Reserve decided to hold interest rates steady, the Bitcoin market has shown a complex set of signals — including a notable divergence between Binance open interest and Bitcoin price after the Fed decision. Here are the key points he highlighted:
Bitcoin has formed consistent lows just above $104,000, creating a strong support level.
Open interest on Binance has been falling, indicating traders are reducing leveraged positions.
A sharp cluster of liquidations occurred near $104,000, mostly impacting long positions chasing the rally.
Short liquidations were minimal, showing long squeezes dominated.
Historically, Bitcoin tends to rally after rate stabilization, especially with declining open interest and liquidation exhaustion.
Bitcoin has fallen by more than 3% in the past 24 hours and is currently trading near $104,000. The decline comes as sentiment in the market turns cautious, with several developments possibly weighing on investor outlook — including the Federal Reserve’s decision to hold rates and ongoing instability in the Middle East.
According to on-chain analytics firm Santiment, social media has seen a spike in discussions centred around President Donald Trump, Federal Reserve Chair Jerome Powell, and the Fed’s latest rate decision, as reflected in the surge in crypto-related social media discussions around Trump and the Fed.
Santiment noted that Trump may continue pushing the Federal Reserve and Chair Powell to cut interest rates, aiming to lift market confidence and drive economic momentum. Should he succeed, it could spark renewed bullish sentiment across the crypto market, with Bitcoin likely leading the charge, as explored in Trump’s pressure on the Fed and its potential impact on crypto markets.
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Ifeoluwa specializes in Web3 writing and marketing, with over 5 years of experience creating insightful and strategic content. Beyond this, he trades crypto and is skilled at conducting technical, fundamental, and on-chain analyses.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
