Bitcoin (BTC)$BTC started the week on a strong note, briefly rising above $92,000 and reaching an intraday high of $92,406 before pulling back toward the $90,600 level. While BTC remains slightly higher on the day, growing selling pressure suggests short-term caution.
Market sentiment weakened amid escalating tensions between US President Donald Trump and Federal Reserve Chair Jerome Powell, following reports of a DOJ probe into Powell’s conduct. Powell described the move as politically motivated, while Trump downplayed the investigation.
Adding to uncertainty, a Cato Institute report found that most debanking cases in the US stem from government pressure rather than independent bank decisions, with crypto firms frequently affected.$BNB
Meanwhile, Tether froze $182 million USDT across five Tron wallets over the past 24 hours, likely linked to compliance or illicit activity concerns.
From a market perspective, analysts note that political interference in monetary policy could reinforce Bitcoin’s long-term appeal as a non-sovereign asset, even as short-term volatility persists.$ETH
Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice.
#StrategyBTCPurchase #USDemocraticPartyBlueVault #USNonFarmPayrollReport #USTradeDeficitShrink #Btc
