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Trump's Mixed Signals Send Bitcoin Prices Volatile

Guavy AI Editorial Team
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BTC OP
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President Trump's mixed signals about firing Federal Reserve Chair Jerome Powell have caused Bitcoin prices to fluctuate between $117,000 and $119,650.

Trump told reporters that he is 'not planning on doing anything' despite calling Powell's performance 'lousy.' This comes after reports surfaced of Trump showing GOP lawmakers a draft letter firing Powell during a meeting about crypto legislation.

The President has repeatedly pressured Powell to lower interest rates, arguing it would reduce the government debt burden. Analysts believe challenging Fed independence could benefit Bitcoin and gold as alternative stores of value.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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