Trump’s Comments on Powell Drive Bitcoin Price Surge, Raising Concerns About Market Stability

Bitcoin (BTC) prices soared past $85,200 following former President Trump’s public criticism of Federal Reserve Chairman Powell. While this short-term boost is notable, analysts warn that the broader implications for the cryptocurrency market remain uncertain. As of the article’s publication, Trump continues his remarks following a meeting with Italy’s Prime Minister. Read more on COINTURK NEWS. Trump and Powell: A Tensions-Filled Relationship** The Treasury Secretary maintained that Trump’s comments should be viewed as market commentary rather than policy proposals. However, ongoing statements from Trump raise questions about the stability of crypto markets. He has expressed dissatisfaction with Powell’s handling of interest rates, suggesting his potential removal before his term ends in 2026. This raises legal and economic concerns regarding trust in the U.S. Federal Reserve. The U.S. Treasury Secretary also highlighted positive progress on international agreements, including a significant deal with Japan. The article first appeared on COINTURK NEWS.