Bitcoin Reaches $91,400 as Trump Targets Fed’s Powell, Gold Hits $3,500 Since Liberation Day

Bitcoin has surged to a new high of $91,400, marking a 4.5% jump in 24 hours and a 6.86% gain for the week, amid a weakening U.S. dollar and heightened political tensions. The cryptocurrency’s rise comes as President Donald Trump intensifies his efforts to remove Federal Reserve Chairman Jerome Powell, contributing to market uncertainty. The U.S. dollar index has hit a three-year low, reflecting broader economic concerns and contributing to Bitcoin’s appeal as a safe-haven asset. Gold has also reached an all-time high of $3,500, reinforcing the trend of investors seeking alternatives to traditional investments. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant