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Trump–Powell Showdown Intensifies as White House Floats Criminal Charges

                                                       Donald Trump and Federal Reserve Chair Jerome Powell A dramatic escalation in the long‑running tension between President Donald Trump and Federal Reserve Chair Jerome Powell has thrust the independence of the U.S. central bank into the spotlight. The conflict deepened after Powell disclosed that the Department of Justice had issued grand jury subpoenas to the Federal Reserve—an action he suggested was politically motivated. The inquiry centers on Powell’s congressional testimony about cost overruns tied to a Federal Reserve building renovation. Powell has dismissed the investigation as a pretext, arguing that the administration’s real aim is to pressure the Fed into cutting interest rates more aggressively, a move Trump has repeatedly demanded. The threat of potential...

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Bitcoin Surpasses $100,000: A Landmark Achievement for Cryptocurrency

 

In a highly anticipated milestone, Bitcoin has finally breached the $100,000 mark. This significant achievement comes amid a surge in investor optimism following the election of President Donald Trump, who has signaled a more crypto-friendly regulatory environment.

The cryptocurrency's price soared past $100,000 late Wednesday night, reaching $101,512 at its peak. This rally was largely driven by Trump's nomination of Paul Atkins to chair the Securities and Exchange Commission (SEC). Atkins, known for his pro-crypto stance, is expected to ease the regulatory pressures that have previously hindered the industry's growth.

Bitcoin's journey to $100,000 has been marked by volatility, but the recent political developments have provided a much-needed boost. Analysts predict that this milestone could pave the way for further growth, with some even suggesting that Bitcoin could reach $125,000 by the end of the year.

Despite the celebratory mood, experts caution investors to remain vigilant. The cryptocurrency market is known for its unpredictability, and while the current trend is positive, it is essential to stay informed and cautious.

As Bitcoin continues to make headlines, the world watches with bated breath to see what the future holds for this groundbreaking digital asset.




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