The price of bitcoin is reacting today to Trump's pressure on Fed Chairman Powell - What is the next step? appeared first on Coinpedia Fintech News The price of bitcoin is trading today at $107,000, extending last week's turmoil into July 2025. This decline comes against a backdrop of rising political tensions between U.S. President Donald Trump and Federal Reserve Chairman Jerome Powell, raising concerns about traditional and digital markets.
Movement of the bitcoin price: July begins in the red
After a strong rebound in the last week of June, bitcoin stumbled on the last day of the month, falling by 1.13%. The decline intensified on July 1, with BTC dropping another 1.35%, reaching a low of $105,252.18. This places bitcoin at least 2.28% below the June peak, despite an overall bullish month (+2.40%).
Here is an overview of the recent volatility of bitcoin
• June 1 and 2: slight increase of 1.19%
• From June 3 to 5: Strong decrease of 4.11%
• From June 6 to 10: Strong rebound of 8.66%
• From June 11 to 22: Constant decrease of 8.42%
• From June 23 to 29: Impressive recovery of 7.29%
• June 30: decrease of 1.13%
• July 1: Decrease of 1.35%
