coinpedia 2025-04-23 02:52:53

Why Did Crypto Go Up Today? Shiba Inu Price, SUI Crypto News , HBAR News, FED Rate Cuts

The post Why Did Crypto Go Up Today? Shiba Inu Price, SUI Crypto News , HBAR News, FED Rate Cuts appeared first on Coinpedia Fintech News April 23, 2025 02:25:13 UTC Donald Trump Won’t Fire FED Chair Jerome Powell Donald Trump said he won’t fire Fed Chair Jerome Powell, despite being frustrated over delayed rate cuts. Calling it the “perfect time” to slash rates, Trump urged Powell to act sooner rather than later. Though earlier he hinted at removing Powell, Trump clarified the controversy was overblown. The Fed has kept rates steady in 2025, prioritizing inflation control amid tariff-driven economic uncertainty. April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888. It’s now consolidating above the 23.6% Fib level from the $86,400 swing low. Interestingly, two wallets—likely a whale—shorted $74.5M in BTC at around $92.5K using 6x leverage, despite the bullish momentum.

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