Bitcoin Tops $92,000 As DOJ Subpoenas Escalate Trump-Powell Fight

Jan 12, 2026 - 11:45
Bitcoin Tops $92,000 As DOJ Subpoenas Escalate Trump-Powell Fight
Bitcoin pushed above the $92,000 level late-Sunday as a legal escalation around Federal Reserve Chair Jerome Powell became public. The catalyst was Powell’s decision to publicly address Department of Justice subpoenas and a criminal probe he characterized as political pressure tied to the administration’s rate preferences. In a video released Sunday evening, Powell directly addressed...

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