Bitcoin Breaks Record High, Fueled by Trump’s Fed Criticism and Safe-Haven Demand

Bitcoin prices surged past $88,500 this week, driven by a wave of new investment into U.S. Bitcoin ETFs as investor sentiment grew uncertain. This surge comes amid President Trump’s public criticism of Federal Reserve Chair Jerome Powell and heightened trade tensions between the U.S. and China. Market jitters are pushing investors toward traditional safe-haven assets like gold, further boosting Bitcoin’s appeal.