The Division of Justice has opened a felony investigation into Federal Reserve Chair Jerome Powell — and the bitcoin worth is reacting. The investigation is intensifying a months‑lengthy feud between the White Home and the U.S. central financial institution
In keeping with Powell, the DOJ served the Federal Reserve with grand jury subpoenas and threatened a felony indictment tied to his June 2025 testimony a couple of $2.5 billion plus renovation of Fed workplace buildings.
Powell characterised the transfer as politically motivated, claiming it mirrored strain from the Trump administration to chop rates of interest extra sharply than the Fed’s knowledge‑dependent stance.
President Donald Trump has publicly criticized Powell’s efficiency and denied direct involvement within the DOJ motion, although he has reiterated his dissatisfaction with the Fed’s financial coverage. The widening dispute has rattled conventional markets, with U.S. inventory futures sliding and secure‑haven property like gold and silver surging to file ranges.
This episode represents considerably of an escalation in institutional tensions. Powell’s critics argue the DOJ’s motion is legitimate and undermines the Federal Reserve’s independence, whereas defenders of the Fed emphasize the significance of insulating financial coverage from politcs.
Bitcoin worth response
Bitcoin’s worth confirmed notable motion over the previous 48 hours following the information. Over the weekend and into Monday, the bitcoin worth was pretty stale however jumped to the $91,000–$92,000 vary, on the time of writing.
Bitcoin Journal Professional knowledge signifies the Bitcoin worth reached an intraday excessive of roughly $92,400 between Sunday and Monday.
Throughout January 11–12, the Bitcoin worth posted intraday features of greater than 0.5% on each days, signaling a gradual upward development amid rising macroeconomic uncertainty.
Following the information, the bitcoin worth seemed to be behaving extra like safe-haven property than typical danger devices, with Bitcoin’s worth shifting independently of broader market weak point, suggesting merchants had been positioning the asset as a hedge amid considerations over the Fed’s independence and U.S. financial coverage shifts.
From a longer-term perspective, Bitcoin stays nicely under its file highs above $126,000 reached in early October 2025, having retraced considerably in latest months.
Through the first week of January 2026, BTC principally traded between $88,000 and $94,000, marking a consolidation vary following late‑2025 weak point.
The place does the bitcoin worth go from right here?
Recent Bitcoin Journal evaluation reveals that Bitcoin’s worth confronted resistance at $94,000 final week, failing to maintain features and shutting at $90,891. Sunday’s doji candle alerts indecision and a possible bearish reversal. Bulls seem weak, missing the momentum to interrupt via resistance, whereas bears have gained a slight edge heading into this week.
Key assist ranges at the moment are at $87,000 and $84,000. Bears will try to push the Bitcoin worth under $87,000, testing $84,000, and a break under might speed up a decline towards the low $70,000 vary.
Bulls could search energy across the 0.618 Fibonacci retracement at $58,000 if helps fail. Resistance stays at $91,400 short-term and $94,000 long-term, with increased zones at $98,000–$103,500 and $106,000–$109,000.
This week, bears could strain Bitcoin towards $87,000, whereas bulls will combat to take care of this assist. A each day shut under $87,000 would endanger $84,000 assist, requiring important shopping for to carry.
Trying forward, worth could stay range-bound between $84,000 and $94,000, with neither bulls nor bears in agency management. A detailed above $94,000 might set off upward momentum, whereas a detailed under $84,000 might sign a deeper correction.
General, market sentiment leans bearish, with volatility seemingly within the close to time period, in line with analysts.
The Bitcoin worth proper now’s $91,749, with a 24-hour buying and selling quantity of 48 B. BTC is 1% within the final 24 hours. It’s presently -1% from its 7-day all-time excessive of $92,356, and 2% from its 7-day all-time low of $90,129.
BTC has a circulating provide of 19,975,018 BTC and a max provide of 21,000,000 BTC. The worldwide Bitcoin market cap right this moment is $1,832,317,782,220, a 1% change from 24 hours in the past.
