Bitcoin Holds Firm as Trump–Fed Clash Tests Its Safe‑Haven Story
Yahoo Finance·2026-01-12 20:36

Bitcoin went through a political stress test after Federal Reserve Chair Jerome Powell said the Justice Department had threatened him with criminal charges during a growing conflict with President Donald Trump. Bitcoin’s price dropped to around the $90k level on the day before regaining the $91k price level as of today, which is a small move for a story that stirred tension in Washington. The timing stands out as investors continue to debate whether Bitcoin really holds up when governments clash. There ...