Articles for tag: Bitcoin, Cryptocurrency, cryptocurrency ETFs, Donald Trump, Federal Reserve, investor sentiment, market trends

April 23, 2025

Bitcoin Expected to Reach $94K After Trump’s Support for Fed Chair: Market Reaction and Future Predictions

Bitcoin surged past $93,000 recently, nearing $94, following President Trump’s announcement that he will not fire Federal Reserve Chair Jerome Powell. This statement eased Market concerns and fueled optimism among investors. Additionally, Trump’s softened stance on China’s trade relations also contributed to Bitcoin’s rise. As a result, many believe Bitcoin is beginning to decouple from ...

April 23, 2025

Market News

Crypto

Bitcoin Soars to $94K as Trump Supports Fed Chair, Igniting Market Optimism and Investor Confidence

Bitcoin’s price surged past $93,000 following President Trump’s statement that he has no plans to fire Federal Reserve Chair Jerome Powell. This declaration not only eased concerns about Fed leadership but also contributed to a more favorable atmosphere for Bitcoin, especially as Trump signaled a softer approach toward China on trade. Analysts note that the ...

April 22, 2025

Market News

Crypto

Gold Soars to Record High as Dollar Drops Amid Trump’s Criticism of Federal Reserve Chair Jerome Powell’s Market Influence

Former President Donald Trump’s recent comments about Federal Reserve Chair Jerome Powell have sparked significant Market reactions. After Trump criticized Powell for not lowering interest rates, stating that the economy could slow down without immediate action, the US markets experienced a sharp decline. Trump referred to Powell as “Mr. Too Late” and called for preemptive ...

April 22, 2025

Market News

Crypto

US Dollar Falls to Three-Year Low as Trump Intensifies Criticism of Fed Chair Powell – Business Live Update

The US dollar has dropped to its lowest point in three years as investors pull away from American assets. This decline comes after Donald Trump criticized Jerome Powell, the head of the Federal Reserve, calling him ineffective and demanding interest rate cuts. As a result, the dollar has weakened against other currencies, including reaching a ...

April 22, 2025

Market News

Crypto

Understanding Jerome Powell: The Fed Chair Facing Pressure from Trump and Challenges Ahead

Former President Donald Trump has expressed frustration with Federal Reserve Chair Jerome Powell, whom he nominated in 2017. Recently, Trump accused Powell of making poor decisions and suggested he might fire him, despite Powell stating that such a move is illegal without cause. Powell has served on the Fed’s board since 2012 and was reappointed ...

April 22, 2025

Market News

Crypto

US Stocks and Dollar Dip as Trump Criticizes Fed Chair Powell: Market Reaction Explained

US stocks and the dollar faced significant declines as President Donald Trump criticized Federal Reserve Chair Jerome Powell, labeling him “a major loser” for not cutting interest rates to support the economy. Trump urged Powell to make bold moves to prevent economic slowdown amidst fears heightened by his own tariff policies, which have led to ...

April 21, 2025

Market News

Crypto

Trump’s Fed Feud Triggers Wall Street Sell-Off, Dollar Dips, and Gold Prices Soar to Record Highs

US stocks faced a significant downturn on Monday, driven by President Donald Trump’s intensified demands for the Federal Reserve to reduce interest rates. This led to a dip in the S&P 500 by 2.1 percent and pushed the dollar index to a 15-month low. While investor confidence in US securities waned, safe-haven assets soared, with ...

April 20, 2025

Market News

Crypto

Republican Senator Supports Powell Amid Trump’s Criticism of the Federal Reserve’s Policies and Actions

Subscribe to the White House Watch newsletter for free to stay updated on the implications of the 2024 US election for Washington and beyond. Recently, Republican Senator John Kennedy defended Federal Reserve Chairman Jay Powell against former President Trump’s claims that he could dismiss Powell. Kennedy emphasized the importance of the Federal Reserve’s independence, stating ...

April 19, 2025

Market News

Crypto

Trump’s Frustration with Jerome Powell: Unpacking the Tensions Between the Former President and the Federal Reserve Chair

On April 18, 2025, President Donald Trump swore in Dr. Mehmet Oz as the Administrator of the Centers for Medicare and Medicaid Services at a ceremony in the White House. During this time, Trump expressed frustration with Federal Reserve chair Jerome Powell, suggesting that it was time for Powell to be replaced and urging the ...

April 18, 2025

Market News

Crypto

Trump Targets Powell as Scapegoat Amid Economic Uncertainty from Rising Tariffs

Donald Trump’s recent criticism of Federal Reserve Chairman Jerome Powell highlights the tension between political influence and the independence of central banks. Trump expressed frustration over Powell’s refusal to quickly lower interest rates, which he believes would boost consumer spending and stock prices. This outburst comes amid his ongoing trade war, which has already caused ...