Bitcoin stabilizes near $85K as Trump’s potential Fed shakeup and institutional buys hint at a looming surge.
The cryptocurrency market is holding its breath as Bitcoin flirts with the $90,000 mark, its steady climb defying broader economic uncertainty. But beneath the surface, a political storm is brewing one that could send shockwaves through both traditional finance and the crypto world.
Donald Trump, never one to shy from upheaval, is reportedly laying the groundwork to replace Federal Reserve Chair Jerome Powell. While the President lacks the direct authority to oust Powell, whispers of a fall shakeup suggest growing impatience with the Fed’s cautious stance on rate cuts. Powell, for his part, has publicly dismissed Trump’s influence, but the tension is palpable. For crypto believers, the drama only reinforces Bitcoin’s appeal: a hedge against political meddling and monetary indecision.
Meanwhile, Bitcoin’s resilience is drawing institutional heavyweights. MicroStrategy’s latest $285 million purchase and MetaPlanet’s $26 million bet underscore a widening corporate embrace. Retail investors, too, are doubling down, fueling a slow but steady recovery from earlier dips. The numbers don’t lie despite short-term volatility, Btc’s long-term gains dwarf traditional assets, with a staggering 7.2 million percent rise over 14 years.
Quiet days in crypto often mask seismic shifts. An $85 million whale transfer from Binance to an unknown wallet hints at accumulating confidence. And beyond Bitcoin, projects like Avalanche are making real-world inroads, from NBA loyalty programs to a $20 trillion commodities play. Even Solana is gaining ETF traction, with Canada leading the charge.
Also read: U.S. President Donald Trump Just Fueled Bitcoin’s Bullish Surge!
As liquidity looms and political winds shift, Bitcoin’s path to $90K looks less like a question and more like a countdown. The quiet won’t last.
