Bitcoin Surges to Two-Week High Amid Trump Crypto Rumors and Stable Fed Policy

Bitcoin (BTC) spiked to two-week highs on March 20, 2025, reaching nearly $87,500 on Bitstamp. The surge came amid circulating rumors that the US government is preparing a major update to its crypto policy, potentially driven by signals from former President Trump. At the same time, a Federal Reserve meeting the day before, which maintained current interest rates and hinted at two rate cuts by the end of 2025, added to market optimism. Notable market figures, including former BitMEX CEO Arthur Hayes, remarked on the situation, further fueling bullish sentiment. Traders are now eyeing a possible change in US crypto regulatory posture expected on March 21, which could act as an additional catalyst for Bitcoin. The news has led Bitcoin to consolidate near technical resistance levels, suggesting that a further rally is within reach if the anticipated policy update materializes.