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Bitcoin Bounces Back as Trump Critiques Powell, Impacting Dollar's Strength

Bitcoin Bounces Back as Trump Critiques Powell, Impacting Dollar's Strength
3 months ago

In a notable turn of events in the cryptocurrency market, Bitcoin (BTC) has experienced a significant rebound, with analysts attributing this surge to the political landscape and reactions to Federal Reserve Chairman Jerome Powell's policies. The resurgence comes as former President Donald Trump has intensified his critique of Powell's approach to monetary policy, a stance that seems to be pressuring the U.S. dollar.

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