June 12, 2025

Bitcoin Stumbles but Recovers as Powell’s Comments Rattle Markets

1 min read

The cryptocurrency whipsawed right after Federal Reserve Chairman Jerome Powell delivered a damning indictment of President Donald Trump’s tariffs in a Wednesday speech. BTC Shakes Off Early Losses Despite Powell’s Dire Speech Federal Reserve Chairman Jerome Powell told attendees at a Wednesday Economic Club of Chicago event that “the level of the tariff increases announced

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Source: Bitcoin.com

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