Jerome Powell - Bitcoin and cryptocurrency news, stories, & headlines

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Jerome Powell

A collection of 7 posts

Bitcoin Tops $91K in Crypto Rally Sparked by Trump’s Bid to Replace Fed Chair

Bitcoin Tops $91K in Crypto Rally Sparked by Trump’s Bid to Replace Fed Chair

Bitcoin has reclaimed its position above $91,000, marking its highest level since early March and signaling a robust recovery for the crypto market. The leading digital asset, which saw a significant uptick of over 3% within a 24-hour period, was recently trading at $91,226. This resurgence comes as

Bitcoin Rises as Trump Questions Fed Chair Powell’s Role

Bitcoin Rises as Trump Questions Fed Chair Powell’s Role

Bitcoin is showing signs of a potential bullish surge as political tensions escalate between President Donald Trump and Federal Reserve Chair Jerome Powell. The cryptocurrency, often viewed as a hedge against economic uncertainty, is forming a bullish pennant pattern, signaling a possible upward breakout. This development comes as Trump openly

Bitcoin Price Dips as Fed Chair Powell Signals Tariff Concerns

Bitcoin Price Dips as Fed Chair Powell Signals Tariff Concerns

Bitcoin’s price took a hit today, erasing earlier gains after Federal Reserve Chairman Jerome Powell highlighted the potential economic fallout from looming tariffs on China and other nations. The cryptocurrency, which had surged past $85,500 earlier in the day, stumbled following Powell’s remarks, reflecting the market’s

Trump Asks Supreme Court to Fire Fed Chair Powell: What It Means for Bitcoin

Trump Asks Supreme Court to Fire Fed Chair Powell: What It Means for Bitcoin

On April 10, 2025, a significant development unfolded as President Donald Trump requested the U.S. Supreme Court to grant him the authority to dismiss top officials at independent agencies, including Federal Reserve Chair Jerome Powell. This move, reported by Bloomberg, challenges a 90-year-old Supreme Court ruling that has long

Bitcoin Surpasses $84K as Investors Await Federal Reserve’s Next Steps

Bitcoin Surpasses $84K as Investors Await Federal Reserve’s Next Steps

Bitcoin has pushed past the $84,000 mark, drawing attention from investors as the Federal Reserve prepares to wrap up its latest meeting. The cryptocurrency rose by 3.49% in the past 24 hours, reaching $84,191.67 according to Bitcoin Markets. This uptick follows a week of modest gains,

Fed Chair Jerome Powell Declares No Central Bank Digital Currency (CBDC) for the US

Fed Chair Jerome Powell Declares No Central Bank Digital Currency (CBDC) for the US

In a statement, Jerome Powell, the Chair of the Federal Reserve, has made it clear that the United States will not be venturing into the realm of central bank digital currencies (CBDCs). This announcement comes at a time when the world is witnessing a significant shift towards digital currencies, with

Jerome Powell Says Federal Reserve Allows Banks to Serve Crypto Clients

Jerome Powell Says Federal Reserve Allows Banks to Serve Crypto Clients

In an interesting development, Bitcoin and crypto markets experienced a notable uptick today following comments from U.S. Federal Reserve Chair Jerome Powell during the latest Federal Open Market Committee (FOMC) meeting. The conference saw the Fed decided to maintain the federal funds rate at a steady 4.25% to