Bitcoin price up after Fed chair vows to fight new Trump attack

Bitcoin’s price jumped 2% on Sunday after Federal Reserve Chair Jerome Powell vowed to hold firm against a new attack from US President Donald Trump. In Trump’s latest salvo, the Justice Department served the Fed with grand jury subpoenas and is threatening a criminal indictment. That means the DOJ is legally forcing the Fed to hand over evidence relating to Powell’s testimony on office renovations to the Senate Banking Committee in June 2025 to decide if a crime was committed. “This unprecedented actio ...