In the rapidly evolving world of cryptocurrency, several financial institutions and market analysts are adjusting their forecasts for the US Federal Reserve’s interest rate strategy in 2025. Recent economic indicators, particularly a disappointing jobs report from August 2025, which revealed only 22,000 jobs added compared to expectations of around 75,000, have prompted these revisions. Analysts from Bank of America, who previously anticipated no rate cuts, are now predicting two reductions of 25 basis points each, one in September and another in December. Meanwhile, economists at Goldman Sachs foresee three 25 basis point cuts in the same year, starting in September and continuing through October and November, as reported by Bloomberg.
In the midst of these financial shifts, the Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, has made headlines by finalizing a strategic partnership with the cryptocurrency exchange Crypto.com. This partnership aims to establish a new entity that will accumulate the exchange’s native Cronos token, with an initial purchase of 684.4 million CRO tokens at approximately $0.153 each, totaling nearly $105 million. This transaction will be executed as a stock and cash exchange between the two firms. This collaboration forms part of a broader initiative to create a $6.4 billion crypto treasury involving the CRO token, which will potentially allow Truth Social users to earn CRO as part of a rewards program.
Furthermore, Justin Sun, the founder of Tron, is actively seeking the unfreezing of his token allocation linked to World Liberty Financial (WLFI), a project associated with the Trump family. Sun’s wallets were blacklisted following a $9 million transfer that blockchain trackers flagged as suspicious. In a public statement, he argued that the freezing of his pre-sale tokens contradicts the principles of decentralized blockchain technology and constitutes a violation of investor rights.
In another significant move, Thumzup Media Corporation, linked to the Trump family, has announced plans to acquire 3,500 Dogecoin mining rigs, potentially generating up to $103 million in annual revenue, contingent upon Dogecoin reaching a price of $1. This acquisition is set to transition the company from an advertising technology platform to a cryptocurrency mining operation, following a definitive agreement to acquire DogeHash Technologies, which operates the Dogecoin miners.
Amid these developments, the cryptocurrency market continues to show signs of volatility. As of now, Bitcoin (BTC) is valued at $110,822, with Ether (ETH) at $4,304 and XRP at $2.81. The total market capitalization stands at approximately $3.81 trillion, according to CoinMarketCap. The week has seen significant fluctuations among the top 100 cryptocurrencies, with MemeCore (M) leading the gains at 129.63%, followed by Story (IP) at 33.12% and Pump.fun (PUMP) at 31.79%. Conversely, World Liberty Financial (WLFI) has faced a decline of 19.31%, alongside Pyth Network (PYTH) at 17.25% and Conflux (CFX) at 10.64%.
As analysts weigh the future of Bitcoin, some speculate it may face a downturn below $50,000 due to historical patterns observed in its four-year cycles. Joao Wedson, founder and CEO of crypto analytics platform Alphractal, warns that October could mark the beginning of a new bear market, despite projecting a hopeful price target of $140,000 for Bitcoin. These sentiments echo a broader uncertainty within the market, highlighting the need for investors to remain vigilant in this dynamic financial landscape.
For more insights into cryptocurrency prices and trends, refer to the comprehensive market analysis available on Cointelegraph.
