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Bitcoin Tests Safe-Haven Bid as DOJ Targets Fed Chair Powell
Yahoo Finance· 2026-01-12 20:47
Federal Reserve Chair Jerome Powell said the Justice Department served the Fed with grand jury subpoenas and threatened criminal charges, framing the move as political retaliation tied to rate policy rather than the Fed’s $2,500,000,000 building renovation. Bitcoin (BTC) ticked higher on the headline, trading around $90,822 (+0.1% 24h) on CoinGecko and $91,226 (+0.42% 24h) on CoinMarketCap as macro desks repriced U.S. institutional risk. Political Pressure Claim Hits Markets Powell put the allegation i ...