Bitcoin Breaks $90K as Markets Steady Following Trump's Federal Reserve Attacks
Summary
Bitcoin's price surpassed $90,000 for the first time since early March, trading at $90,341 after a 2% increase over 24 hours. This rise follows a recovery from a dip caused by President Trump's tariff policy in early April. The increase coincides with gold reaching a new high and stabilization in U.S. equities, bonds, and the dollar. Trump's criticism of Federal Reserve Chair Jerome Powell and potential interference in Fed affairs could be bullish for Bitcoin. American Bitcoin ETFs saw significant inflows, receiving $381.3 million on Monday. Solana rose over 4%, reaching $143.55, while Dogecoin increased to nearly $0.17.