BREAKING: Fed Chair Powell responds after Federal prosecutors open a criminal investigation into him:<\/p>\n
\u201cThe threat of criminal charges is a consequence of the Fed setting rates based on our best assessment of what will serve the public, rather than following the preferences of\u2026 pic.twitter.com\/y1dRdoQ1fm<\/a><\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) January 12, 2026<\/a><\/p>\n<\/blockquote>\n The Bitcoin and broader crypto market responded immediately with a decent push higher, while \u201cmetals [were] blasting to new highs,\u201d as analyst Will Clemente wrote via X.<\/p>\n The timing matters for crypto traders: the Fed is heading into its January 28 meeting with the market increasingly primed for a pause in cuts, amplifying sensitivity to any perception that monetary policy is being pulled into partisan conflict.<\/p>\n For Bitcoin-native observers, the episode read like a real-time stress test of institutional trust: one that flatters Bitcoin\u2019s pitch. Clemente coming after the Fed chair. Metals are ripping as sovereigns diversify reserves. Stocks & risk assets at record highs. Geopolitical risk rising.\u201d<\/p>\n Alex Thorn, head of firmwide research at Galaxy, monetary policy.<\/p>\n Others used the moment to widen the indictment beyond any single personality. Bitwise advisor Jeff Park argued that \u201cindependence alone cannot be a virtue when the institution at its core is incompetent,\u201d adding that \u201cthe age of Bitcoin is drawing nearer.\u201d Walker, a prominent pro-Bitcoin voice, framed it as a structural problem: \u201cThe problem isn\u2019t President Trump or Jerome Powell. The problem is a centralized cabal of unelected banker-bureaucrats set the price of money and print it out of thin air.\u201d<\/p>\n Notably, the bullish reflex wasn\u2019t rooted in sympathy for Powell. Strive CEO Matt Cole wrote he had \u201czero sympathy\u201d for the Fed chair and accused the central bank of \u201cgaslight[ing] the American people\u201d on independence, concluding: \u201cBitcoin is even more underpriced than we realized\u2026\u201d<\/p>\n Bitcoin\u2019s move through $92,000 puts that narrative onto a price chart, but the same political-legal feedback loop that fuels the \u201cneutral money\u201d thesis can also intensify volatility. \u201cFor the first time ever, Fed Chair Powell is fighting back: Over the last 12 months, Fed Chair Powell has remained silent amid President Trump’s criticisms,\u201d The Kobeissi Letter wrote<\/a> via X, adding: \u201cToday, that changed. […] Trump vs Powell will result in even more volatility.\u201d<\/p>\n At press time, Bitcoin traded at $91,560.<\/p>\n Bitcoin pushed above the $92,000 level late-Sunday as a legal escalation around Federal Reserve Chair Jerome Powell became public. The catalyst was Powell\u2019s decision to publicly address Department of Justice subpoenas and a criminal probe he characterized as political pressure tied to the administration\u2019s rate preferences. In a video released Sunday evening, Powell directly addressed…<\/p>\n","protected":false},"author":1,"featured_media":9460,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[56,55,69,61,120,121],"class_list":["post-9459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=9459"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9460"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Community Reacts To The News<\/h2>\n
![\"Bitcoin](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/BTCUSDT_2026-01-12_09-12-56.png?resize=1024%2C473\")
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