BITCOIN EYES $94K AFTER TRUMP DECLARES NO INTENT TO FIRE FED CHAIR!

Bitcoin's price surged past $93,000 and edged toward $94,000 after President Trump announced he has no intention of firing Fed Chair Jerome Powell. This news contributed to Bitcoin's rally, with the cryptocurrency potentially decoupling from tech stocks and behaving more independently. Trump's stance on China trade relations also played a role, as he softened his stance on tariffs, saying they'd be coming down substantially.

Key Factors Influencing Bitcoin's Price:

Trump's Statement: Trump's announcement about not firing Fed Chair Jerome Powell boosted investor confidence.

China Trade Relations: Trump's softened stance on China's tariffs contributed to Bitcoin's rise.

Bitcoin ETFs: US-listed spot Bitcoin ETFs rebounded with strong gains, recording $381 million in net inflows.

Current Market Status:

Bitcoin's Price: Currently around $92,700, up nearly 5% in the last 24 hours. It previously hit $93,900.

Market Cap: $1.76 trillion.

Recent Performance: Bitcoin broke through $93,000 on Tuesday and showed signs of decoupling from tech stocksCryptoMarketCapBackTo$3T#MarketRebound $BTC