Exclusive: Fed Rate Cuts and Institutional Demand Fuel Bitcoin Bull Run – Head of Markets Research, Delta Exchange

The last wave of Bitcoin is not only another retail frenzy. In an exclusive interview with CoinpediaMohit Kumar, responsible for research on the markets at Delta Exchange, explained that this gathering is driven by a distinct mixture of catalysts, which begins in Washington.

Policywind and institutional entries

Kumar highlighted the recent American political and regulatory changes as the main engine of the momentum. Since President Trump began his second term, the administration has deployed a series of friendly initiatives.

“The main catalysts of this growth include an increase in institutional participation motivated by FNB Bitcoin Spot, favorable regulatory and political developments such as the report on digital assets of the White House and a growing trend of business cash benefits at the BTC,” he told Coindedia.

He added that wider macroeconomic conditions also play a role. The markets expecting several Fed rate reductions in 2025, investors are running out of money and risk assets such as Bitcoin.

Channel conviction and market maturity

Beyond politics and institutions, data on the chain strengthen the strength of the rally. Kumar pointed out that long -term holders and ETFs regularly accumulate Bitcoin, important reserves being moved from detention, a sign of strong conviction.

“These market dynamics are supported by strong chain trends and market structure,” he noted.

The derivative markets echo this optimism, with high open interest for future and options pointing towards an increasing speculative activity. According to Kumar, this combination of institutional demand, favorable regulations and positive macro expectations has led to the current Bitcoin momentum.

Although participation in retail is obvious, in particular the rise in activity and research trends, Kumar stressed that this cycle is very different from the previous ones.

“The integration of crypto into the macro-financial landscape has brought real maturity,” he told Coinpedia, stressing that the flows led by institutions are at the heart of the rally.