Following political criticism of Federal Reserve policies, Bitcoin experienced a significant surge in price. The comments made by former President Donald Trump about Federal Reserve Chair Jerome Powell contributed to the rise in Bitcoin’s value, with markets reacting rapidly to these remarks. This increase in Bitcoin reflects its sensitivity to macroeconomic discussions and its impact on related cryptocurrencies like Ethereum and Layer 2 tokens. Bitcoin’s climb was fueled by political commentary regarding Fed policies, a trend that historically impacts market movements. The comments spurred a 2.1% rise, pushing Bitcoin close to $124,000, highlighting the currency’s resilience in challenging economic conditions and reflecting heightened investor interest in cryptocurrency markets. Experts highlight the increased speculation on Bitcoin fueled by these developments. Matthew Sigel, Head of Digital Assets Research at VanEck, noted a 9% surge in CME basis funding rates, indicating renewed speculative interest. The price increase is evident in the rise in transaction volume, which reflects Bitcoin’s continued appeal and strong market reactions. This event suggests sustained institutional inflows are further validating Bitcoin’s potential within investment portfolios.