President Donald Trump said on Jan. 30 that he will nominate former Fed governor Kevin Warsh to succeed Jerome Powell as chair when Powell’s term ends in May. Trump announced the decision in a post on Truth Social, calling Warsh:

The government seems to be amassing more Bitcoin. But little work seems to be happening to enact the terms of the executive order Trump signed to start the ‘strategic reserve.’ Last March, President Donald Trump signed an executive order declaring that the government would launch a strategic reserve of Bitcoin.

Kevin Warsh backs Bitcoin as digital gold but his monetary policy creates paradox for crypto prices. Here's what investors need to know.

Donald Trump has threatened Jerome Powell with a criminal investigation — but it hasn’t stopped the Federal Reserve chair holding firm on interest rates, in a move that’ll affect Bitcoin.On Wednesday night,

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.

All eyes turn to the Fed as markets size up the next move.

Federal Reserve rate decision keeps interest rates steady amid economic moderation, influencing Bitcoin's stalled position below $90K.

Bitcoin continues to trade below $90,000 as the Federal Reserve delivered the expected interest rate hold. Coinglass data shows 90,316 traders were liquidated in the past 24 hours for $281.97 million.

Bitcoin fell to a 10-month low in Asia trading Monday following a weekend selloff, with sentiment fragile amid broader market turbulence.

SINGAPORE, Jan 30 (Reuters) - Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on cash in the financial system hit cryptocurrencies and lifted the dollar.