📉 Post 1 — Market Reaction + Bitcoin Safe Haven Test
Bitcoin fails the safe-haven test as US political drama intensifies!
⚠️ Bitcoin struggled to hold gains as uncertainty hit markets after reports that the US Department of Justice issued subpoenas related to Federal Reserve Chair Jerome Powell’s testimony and actions. Powell called the move unprecedented and linked it to pressure over interest-rate policy. Gold surged while BTC showed muted haven demand.
📊 What this means for BTC:
• Market stress = mixed signals
• Safe-haven thesis gets tested
• Traders watching macro closely
#bitcoin #Crypto #BTC #Markets #DOJ
BTC
96,939.37
+2.14%