Bitcoin Shrugs Off Powell Probe as DOJ Targets Fed Chair
Bitcoin remains resilient despite the Department of Justice's investigation into Federal Reserve Chair Jerome Powell. The probe is part of a broader scrutiny of potential conflicts of interest and market manipulation within the Federal Reserve. Despite the uncertainty surrounding regulatory actions, Bitcoin's price has shown stability, reflecting investor confidence. Analysts suggest that the cryptocurrency's decentralized nature may help it withstand traditional financial system pressures. Overall, the market appears unfazed by the ongoing investigation into Powell.
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