President Trump Urges Fed Rate Cut After Weak ADP Jobs Report: Implications for Crypto Market

According to Stock Talk (@stocktalkweekly), President Trump publicly called for an immediate Federal Reserve rate cut following the release of a disappointing ADP jobs report, emphasizing that Jerome Powell is acting too slowly compared to Europe's nine rate cuts. For crypto traders, any forthcoming Fed rate reduction could increase liquidity and risk appetite, historically leading to bullish momentum in assets like Bitcoin and Ethereum as investors seek alternatives to fiat (Source: Stock Talk, June 4, 2025).
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The recent comments by President Trump on the ADP Jobs Report have sparked significant attention in both stock and cryptocurrency markets, as they highlight potential shifts in monetary policy that could influence risk assets globally. On June 4, 2025, Trump publicly criticized Federal Reserve Chairman Jerome Powell, urging an immediate rate cut following the release of the ADP Jobs Report, which often serves as a precursor to the more comprehensive Non-Farm Payrolls data. Trump’s statement, shared via a social media post by Stock Talk, emphasized that it’s 'too late' for Powell to act and pointed to Europe’s nine rate reductions as a benchmark for aggressive easing. This rhetoric has reignited debates about interest rate policies at a time when the S&P 500 hovered near 5,300 points at 10:00 AM EST on June 4, 2025, showing a modest 0.3% gain for the day, while the Nasdaq Composite climbed 0.5% to around 18,600 points during the same hour, according to real-time data from major financial trackers. The ADP report itself, though not detailed in Trump’s comments, suggested a slowdown in private payroll growth, fueling expectations of dovish Fed moves. For crypto traders, this stock market context is critical, as lower interest rates often drive liquidity into high-risk assets like Bitcoin and altcoins. Historically, rate cut expectations have bolstered crypto rallies, as seen in late 2022 when Bitcoin surged from $16,000 to $21,000 between November and December during Fed pivot speculation. With Bitcoin trading at approximately $69,500 at 11:00 AM EST on June 4, 2025, per CoinMarketCap data, the market is poised for potential volatility based on these macroeconomic cues.
The trading implications of Trump’s comments and the ADP report are multifaceted for crypto investors. A potential rate cut could weaken the US dollar, often inversely correlated with Bitcoin and Ethereum, creating a bullish setup for major cryptocurrencies. At 12:00 PM EST on June 4, 2025, Ethereum was trading at $3,780, up 1.2% for the day across major exchanges like Binance, reflecting early risk-on sentiment possibly tied to the ADP narrative. Trading volumes for BTC/USDT and ETH/USDT pairs on Binance spiked by 8% and 10%, respectively, between 10:00 AM and 1:00 PM EST on June 4, as reported by live exchange data, indicating heightened trader interest. For crypto-related stocks like Coinbase (COIN), which rose 2.1% to $245.30 by 11:30 AM EST on June 4, and MicroStrategy (MSTR), up 1.8% to $1,620 during the same period, per Nasdaq updates, the prospect of looser monetary policy could further amplify gains, as these equities often move in tandem with Bitcoin’s price action. From a cross-market perspective, a dovish Fed pivot could also drive institutional money flow from traditional equities into crypto, as investors seek higher returns in a low-yield environment. This correlation between stock market sentiment and crypto liquidity is evident in the increased inflows into Bitcoin ETFs, with net inflows of $105 million reported on June 3, 2025, according to data from SoSoValue, signaling growing institutional appetite ahead of potential rate cuts.
Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) stood at 58 on the daily chart as of 1:00 PM EST on June 4, 2025, per TradingView, suggesting room for upward momentum before entering overbought territory. Ethereum’s RSI mirrored this at 56 during the same timeframe, indicating a similar bullish bias. On-chain metrics further support this outlook, with Glassnode reporting a 3% increase in Bitcoin wallet addresses holding over 0.1 BTC between June 2 and June 4, 2025, reflecting retail accumulation. Trading volume for Bitcoin on major exchanges reached $28 billion in the 24 hours ending at 2:00 PM EST on June 4, while Ethereum saw $12 billion in the same period, per CoinGecko data, underscoring strong market participation. Stock-crypto correlations remain tight, with Bitcoin’s 30-day correlation coefficient with the S&P 500 at 0.65 as of June 4, according to IntoTheBlock analytics, meaning stock market gains driven by rate cut hopes could further propel crypto prices. Institutional impact is also notable, as hedge funds increased their Bitcoin futures exposure by 7% in the week ending June 3, 2025, per CME Group data, a sign of confidence in risk assets amid evolving Fed policy expectations. For traders, key levels to watch include Bitcoin’s resistance at $71,000 and support at $67,500, while Ethereum’s critical range lies between $3,900 resistance and $3,600 support, based on price action observed at 3:00 PM EST on June 4. These levels, combined with stock market catalysts, offer actionable setups for both short-term scalps and longer-term positioning in a potentially easing monetary environment.
In summary, Trump’s comments on the ADP Jobs Report and his push for rate cuts have created a ripple effect across markets, with direct implications for crypto assets, crypto-related stocks, and institutional flows. Traders should monitor Fed communications and upcoming economic data releases for confirmation of policy shifts, while leveraging cross-market correlations to capitalize on emerging opportunities in Bitcoin, Ethereum, and related equities. The interplay between stock market risk appetite and crypto liquidity remains a key theme for 2025.
The trading implications of Trump’s comments and the ADP report are multifaceted for crypto investors. A potential rate cut could weaken the US dollar, often inversely correlated with Bitcoin and Ethereum, creating a bullish setup for major cryptocurrencies. At 12:00 PM EST on June 4, 2025, Ethereum was trading at $3,780, up 1.2% for the day across major exchanges like Binance, reflecting early risk-on sentiment possibly tied to the ADP narrative. Trading volumes for BTC/USDT and ETH/USDT pairs on Binance spiked by 8% and 10%, respectively, between 10:00 AM and 1:00 PM EST on June 4, as reported by live exchange data, indicating heightened trader interest. For crypto-related stocks like Coinbase (COIN), which rose 2.1% to $245.30 by 11:30 AM EST on June 4, and MicroStrategy (MSTR), up 1.8% to $1,620 during the same period, per Nasdaq updates, the prospect of looser monetary policy could further amplify gains, as these equities often move in tandem with Bitcoin’s price action. From a cross-market perspective, a dovish Fed pivot could also drive institutional money flow from traditional equities into crypto, as investors seek higher returns in a low-yield environment. This correlation between stock market sentiment and crypto liquidity is evident in the increased inflows into Bitcoin ETFs, with net inflows of $105 million reported on June 3, 2025, according to data from SoSoValue, signaling growing institutional appetite ahead of potential rate cuts.
Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) stood at 58 on the daily chart as of 1:00 PM EST on June 4, 2025, per TradingView, suggesting room for upward momentum before entering overbought territory. Ethereum’s RSI mirrored this at 56 during the same timeframe, indicating a similar bullish bias. On-chain metrics further support this outlook, with Glassnode reporting a 3% increase in Bitcoin wallet addresses holding over 0.1 BTC between June 2 and June 4, 2025, reflecting retail accumulation. Trading volume for Bitcoin on major exchanges reached $28 billion in the 24 hours ending at 2:00 PM EST on June 4, while Ethereum saw $12 billion in the same period, per CoinGecko data, underscoring strong market participation. Stock-crypto correlations remain tight, with Bitcoin’s 30-day correlation coefficient with the S&P 500 at 0.65 as of June 4, according to IntoTheBlock analytics, meaning stock market gains driven by rate cut hopes could further propel crypto prices. Institutional impact is also notable, as hedge funds increased their Bitcoin futures exposure by 7% in the week ending June 3, 2025, per CME Group data, a sign of confidence in risk assets amid evolving Fed policy expectations. For traders, key levels to watch include Bitcoin’s resistance at $71,000 and support at $67,500, while Ethereum’s critical range lies between $3,900 resistance and $3,600 support, based on price action observed at 3:00 PM EST on June 4. These levels, combined with stock market catalysts, offer actionable setups for both short-term scalps and longer-term positioning in a potentially easing monetary environment.
In summary, Trump’s comments on the ADP Jobs Report and his push for rate cuts have created a ripple effect across markets, with direct implications for crypto assets, crypto-related stocks, and institutional flows. Traders should monitor Fed communications and upcoming economic data releases for confirmation of policy shifts, while leveraging cross-market correlations to capitalize on emerging opportunities in Bitcoin, Ethereum, and related equities. The interplay between stock market risk appetite and crypto liquidity remains a key theme for 2025.
Ethereum
interest rates
Federal Reserve
Trump rate cut
Bitcoin price forecast
crypto market reaction
ADP jobs report
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