Fed

President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, cleared a key Senate hurdle Tuesday, putting a bitcoin-friendly former Fed governor one vote away from becoming the most powerful central banker in the world.

The bitcoin price erased a rally above $90,000 in less than 24 hours as it dumped to $84,000.

The bitcoin price hovered near $90,000 as the Fed held rates steady and Powell signaled a neutral stance — neither tightening nor rushing new cuts.

The bitcoin price fell on Wednesday night into Thursday, falling from $94,000 to below $90,000.

Bitcoin price jumped above $94,000 after the Federal Reserve cut its benchmark rate 25 basis points to 3.50%–3.75% to support jobs and curb elevated inflation.

Despite some positive news coming out of South Korea, bitcoin price continued to bleed down to $107,000.

The Federal Reserve cuts its benchmark interest rate by 0.25% today to 3.75%-4% The last time the Federal Reserve cut rates was in September 2025. There 

Bitcoin's price is below $113,000, as traders weigh broader macroeconomic signals ahead of today’s Federal Reserve announcement.

Bitcoin closed at $114,530 last week, reclaiming $112,200 resistance but facing stiff hurdles at $117,600 and $122,000, with FOMC and tech earnings set to drive volatility on Wednesday.

Fed Governor Christopher Waller says the U.S. central bank is entering a new era that embraces DeFi, distributed ledgers, and digital assets within the mainstream financial system.