#BTCBreaks99K Bitcoin has risen by more than 2.6% over the last 24 hours, trading above $100,000 and close to the level of $101,000. This increase is due to the Federal Reserve's failure to lower interest rates to 3.0%, as demanded by U.S. President Donald Trump.

The Fed's decision to keep the rate low reflects its concerns about inflation and unemployment. Jerome Powell, the head of the Federal Reserve, noted that inflation has decreased but still exceeds the desired level of 2%.

However, according to Powell, the economy is still healthy and resilient, mainly due to the volatility associated with Trump's protectionism. After Powell's speech, the BTC price fell below $96,000, and then immediately recovered, demonstrating stability despite fluctuations in the economy.