Bitcoin blasted through today morning in after President Donald Trump threatened to fire Federal Reserve Chair Jerome Powell, slamming the dollar and sending panic across global markets.
The 3% rise in Bitcoin wiped out nearly all the damage from April 2, the day Trump announced his new round of retaliatory tariffs.
Bitcoin wasn’t the only thing flying. Gold also shot up to a new all-time high as people started running toward safer places to park their money. With the dollar bleeding and trust in central policy falling apart, crypto and metals were where the panic money went.