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Bitcoin Tests Safe-Haven Bid as DOJ Targets Fed Chair Powell
📰 sources⭐ 7.0
TL;DR:
Bitcoin has traded slightly higher after Fed Chair Jerome Powell said the Justice Department served the central bank with grand jury subpoenas and warned of criminal charges. Reuters and AP have reported the dispute is tied to rate policy and his June testimony on a $2.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.