Jerome Powell has been good for bitcoin, and Trump says he won’t fire him
Yesterday afternoon, BTC rallied $2,400 in 15 minutes on the news that Donald Trump wouldn’t fire US Federal Reserve Chairman Jerome Powell.
Yesterday afternoon, BTC rallied $2,400 in 15 minutes on the news that Donald Trump wouldn’t fire US Federal Reserve Chairman Jerome Powell.
Cathie Wood, fund manager at the multi-billion-dollar ARK Invest, believed in BTC and a futuristic portfolio of money-losing investments.
As centralized entities continue to amass bitcoin (BTC), just two corporations now hold more than Satoshi Nakamoto.
Meanwhile, if you’d spent your $1,200 on BTC in 2020 and sold during Trump’s inauguration, you’d have made almost $19,000.
According to an executive director on one of Donald Trump’s councils, the US government could use tariff revenue to buy BTC.