Bitcoin Surges to US$90,000 After Trump Threatens to Fire Fed Chair Jerome Powell
Bitcoin has once again shown its strength by soaring to US$90,000 on Tuesday night (April 22), after previously dipping to US$76,000. The surge came in response to a bold statement by former U.S. President Donald Trump, who threatened to fire Federal Reserve Chairman Jerome Powell if he returns to office.
In the past hour, Bitcoin rose 3.38%, with other major cryptocurrencies also gaining momentum:
• Ethereum climbed 4.72% to US$1,700
• XRP rose 1.92% to US$2.157
• Solana surged 5.54% to US$145.93
This green wave across the crypto market was further supported by Standard Chartered’s optimistic outlook, suggesting that Bitcoin could potentially reach new all-time highs soon.
Once again, political uncertainty and investor speculation are fueling dramatic shifts in the digital asset space.