Home NewsBitcoin Bitcoin Rises as Trump Threatens to Replace Fed Chair Powell

Bitcoin Rises as Trump Threatens to Replace Fed Chair Powell

by Ouess

Bitcoin (BTC) is on a four-day winning streak, rising 0.63% to $107,931 as political uncertainty around the Federal Reserve fuels market optimism.

Trump vs. Powell: Why It Matters for Bitcoin

  • Trump wants rate cuts now, Powell prefers data-driven approach
  • Fed Chair replacement hinted at NATO Summit
  • BTC historically reacts to Fed policy uncertainty
  • June 25 rally (+1.19%) aligns with Trump’s comments

BTC Price Source : TradingView

Technical Signals Favor Bulls

✅ RSI above 50 – Bullish momentum intact
✅ Implied Volatility at lows – Often precedes big moves
✅ Previous IV dips led to +5% BTC surges

BTC RSI Source : TradingView

What’s Next for Bitcoin?

  • Breakout target: $110K+ if bullish momentum holds
  • Risk: Fed policy surprises could spark volatility
  • Long-term outlook remains bullish per CoinGape analysis

You may also like

Crypto Feed Logo Footer
Crypto Feed Logo

Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
Social Media Auto Publish Powered By : XYZScripts.com