What’s Next for Bitcoin Price as Donald Trump Calls for Fed to Lower Interest Rates?

Bitcoin price erased its latest rally on Friday after stronger U.S. employment data pushed Treasury yields higher and revived expectations for another Federal Reserve rate increase.

BTC climbed above $82,000 before the jobs report but reversed sharply after the Bureau of Labor Statistics released the August figures. Bitcoin fell below $78,700 during the sell-off before recovering toward $79,500 later in the session.

The reversal came as traders increased bets that the Federal Reserve could raise interest rates at its Sept. 15–16 meeting. President Donald Trump responded by again demanding lower borrowing costs despite the stronger labor-market figures.

Bitcoin Price Falls Below $80K After Jobs Report

Bitcoin had climbed above $82,000 before the Bureau of Labor Statistics released its August employment report. The cryptocurrency then fell more than 2% and traded near $79,500 as Treasury yields moved higher.

The U.S. economy added 162,000 jobs during August, while the unemployment rate remained unchanged at 4.1%. Economists had expected about 56,000 new jobs, leaving the official result well above forecasts.

Average hourly earnings increased 0.3% during August and 3.1% from one year earlier. Meanwhile, June and July payroll figures were revised upward by a combined 55,000 jobs.

The stronger labor data has increased expectations that the Fed could raise rates at its September meeting. Market pricing moved the probability of a quarter-point increase to roughly 65% after the report.

Donald Trump Calls for Lower Interest Rates

Trump has responded to the stronger jobs report by renewing pressure on the Federal Reserve to reduce borrowing costs. He argued that stronger U.S. economic conditions should support lower interest rates.

“Lower the interest rates because the U.S.A. is a much stronger credit,” Trump wrote after the employment figures. He also called for U.S. borrowing costs to rank among the lowest globally.

Trump has also linked his tariff demands to U.S. trade policy and to countries running trade surpluses with America. However, monetary policy decisions are being made by the independent Federal Open Market Committee.

The Fed has scheduled its next two-day meeting for September 15 and September 16. Governor Christopher Waller has said improving inflation could support keeping rates unchanged.

Waller has also said weaker inflation progress could support a rate increase. The latest employment figures have added another factor for policymakers before that decision.

Bitcoin Faces $82,300 to $82,700 Sell Wall

Bitcoin’s short-term structure has weakened after buyers failed to maintain the move above $82,000. Futures data shows concentrated sell-side liquidity between approximately $82,300 and $82,700.

Several large resting orders remain within that area, making it a key resistance zone during another recovery attempt. Additional liquidity is also appearing around $83,000.

Bitcoin would first need to regain $80,000 before challenging the recent area around $81,500. Clearing those levels would bring the $82,300-$82,700 sell wall back into focus.

However, resting futures orders can be changed or canceled before execution. The heatmap therefore, shows visible liquidity rather than confirming another rejection.

What Comes Next for Bitcoin Price?

Bitcoin is currently testing liquidity between roughly $78,500 and $79,500 following the latest decline. Holding this area could support another attempt to reclaim $80,000.

A break below $78,500 could shift attention toward $77,500-$78,000. Further selling could expose the larger liquidity area around $75,500-$76,500.

In the meantime, Fidelity has remained cautious despite Bitcoin’s strong August rally, saying the recovery does not yet confirm the bear market has ended. The firm is watching whether Bitcoin could form another cycle bottom around November 2026, based on its historical four-year pattern.

Fidelity also notes that past cycles have not followed an exact schedule, so the market could still move in either direction.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets can experience sharp price movements.