Bitcoin Surpasses $94,000

Son Min

Summary

It was reported that Bitcoin (BTC) rose 6.28% to trade at $94,045.
It was stated that the alleviation of concerns about the Fed's independence led to a recovery in investment sentiment for Bitcoin.
President Trump was reported to have sought to stabilize the financial markets by promising to guarantee Chairman Powell's term.

Bitcoin (BTC) is showing an upward trend.

As of 4:59 PM (local time) on the 23rd, Bitcoin is trading at $94,045 on the Binance USDT market, up 6.28% from 24 hours ago.

Concerns about the independence of the Federal Reserve (Fed) have been partially alleviated, leading to a recovery in Bitcoin sentiment. Previously, President Trump promised to guarantee the term of Fed Chairman Powell, saying he had no intention of firing him, after the financial markets were shaken by rumors of Powell's dismissal.

BTC