Bitcoin earned $ 87,000 by President Trump’s promotion of the Federal Reserve Bank, and Jerome Powell weakened the US dollar.
BTC increased 3.5% on Monday morning, and it increased to 90k in Trump’s week, believing that Trump had a slow speed of trade tariffs for a week, and believed that Trump had a positive result.
Wedges that fall throughout the market indicate that Bitcoin and Altcoin can prepare for another promotion at a higher price after a few weeks of volatility.
Bitcoin pops up while the stock market and the US dollar shakes.
BITCOIN bounced 3.5%on Monday, overturning Trump’s previous losses of tariffs, bringing a traditional market that matches the S & P 500 to free falls.
Trump criticized the fed Jerome Powell’s achievements and believed that he was “slow” and did not respond to economic changes by tariffs, and according to Trump, he expects to cut interest rates to provide boosts to the market.
The report reported that Trump’s team is discussing Jerome Powell’s outing for several months, the president said, “Powell’s dismissal cannot be fast!”
US stocks-index futures have fallen on Monday and the US dollar has been the lowest since January 2024. The US dollar fell 5% for other strong currencies, including the Euro and Pound, and 6% in April 2025.
Send a message to the customer in Deutsche Bank.
“The real estate of safe shelter in dollars is eroding.”
“It is no longer exaggerated to say that the dollar’s status and a wider dominant role are at least a problem.”
Encryption, BTC and gold are higher
Despite confusion and economic uncertainty, Bitcoin and Crypto are rallying, gold leading to the road and creating several new highs.
According to JPMORGAN, in the first quarter of 2025, gold and silver investors fled as a product and used it as a safe asset, disappointing some investors who thought BTC was digital gold.
Nevertheless, Bitwise Investments is due to strong and strong Q2 Crypto and BTC, and institutions and investors are ignoring the positive development of Web3 and Bitcoin, and the total Stablecoin market cap has reached a new peak in Q1.