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Bitcoin (BTC) Price in Standstill at $85K as Trump Increases Pressure on Fed's Powell

Summary by Coin Desk
A sharp plunge in the Philadelphia Fed manufacturing index coupled with rising prices added to U.S. stagflation fears amid the tariff war.

12 Articles

Donald Trump threatens to dismiss Jerome Powell, president of the Fed, endangering the independence of the institution and creating a climate of uncertainty in the financial markets. Signs of stagflation are increasing in the United States, with a falling manufacturing index and persistent inflation, amplified by Trump's protectionist policies. Bitcoin remains stable around $85,000, but the activity on options shows a strong nervousness, with po…

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Invezz broke the news in on Thursday, April 17, 2025.
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