Bitcoin could be the winner in the ongoing trade war after showing signs of decoupling from stocks

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Bitcoin could be the winner in the ongoing trade war after showing signs of decoupling from stocks

//stocks-investing.news-articles.net/content/202 .. ter-showing-signs-of-decoupling-from-stocks.html

Published in Stocks and Investing on Saturday, April 5th 2025 at 11:20 GMT by FXStreet

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

The cryptocurrency market, including Bitcoin, remained stable amidst the clash between former President Donald Trump and Federal Reserve Chairman Jerome Powell over interest rate decisions, as reported on April 4, 2025. Trump criticized Powell's management of interest rates, suggesting that the Fed's policies were detrimental to the economy, while Powell defended the central bank's independence and its approach to managing inflation. Despite the political tension, Bitcoin and other cryptocurrencies held steady, with market analysts attributing the resilience to increasing institutional adoption and a maturing market less swayed by external political events. The article also highlighted that the crypto market's stability could be a sign of its growing independence from traditional financial markets and political influences.

Read the Full FXStreet Article at:
[ https://www.fxstreet.com/cryptocurrencies/news/bitcoin-crypto-market-holds-steady-as-trump-and-powell-clash-on-interest-rates-decision-202504042035 ]