Bitcoin Nears New All-Time High as Trump Unveils Fed Chair Candidates

Bitcoin price is surging toward a new all-time high (ATH), driven by President Donald Trump’s selection of 11 candidates to replace Jerome Powell on the Federal Reserve Board. This move, which came after Powell resisted calls for interest rate cuts, has triggered substantial volatility and excitement within the market. The surge in Bitcoin price brings it closer to the $122,000 mark as trader activity intensifies. Analysts predict a continued rise, with some expecting Bitcoin to hit at least $133,000 in the coming weeks.