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12/01/26 03:31 UTC-04

Bitcoin price today: rise to $92,000 amid Trump–Fed conflict

Cryptocurrency Cryptocurrency
Cryptocurrency Bitcoin price today: rise to $92,000 amid Trump–Fed conflict

Bitcoin rose during Asian trading on Monday, holding last week’s gains, while risk appetite remained fragile amid escalating tensions between Donald Trump and the Federal Reserve.

Persistent global geopolitical uncertainty, combined with caution ahead of key U.S. economic data due later this week, also kept markets on edge.

Bitcoin significantly lagged the rally in technology stocks, which climbed on improved sentiment toward artificial intelligence. While the world’s largest cryptocurrency typically moves in tandem with the tech sector, that correlation has weakened over the past year.

A lack of direct positive catalysts for the crypto market meant that in late 2025 and early 2026 Bitcoin traded with a largely bearish bias.

By 05:51 GMT, Bitcoin was up 1.5% at $92,094.

Fed legal risk and geopolitics weigh on crypto sentiment

Bitcoin’s upside was capped by a renewed hit to risk appetite on Monday.

Fed Chair Jerome Powell said the central bank had received a subpoena from the U.S. Department of Justice and could face criminal prosecution related to the ongoing renovation of the Fed’s headquarters.

Powell, however, said the investigation was politically motivated, citing repeated calls from the Trump administration for sharp interest-rate cuts.

Powell’s comments triggered a drop in U.S. stock futures and sparked a broad move into safe-haven assets, including gold and other precious metals. Markets fear that escalating tensions between Trump and the Fed could undermine the central bank’s independence, especially as the president is expected to appoint Powell’s successor in the near future.

Risk aversion was further fueled by ongoing global geopolitical uncertainty. Trump continued to push for U.S. control over Greenland — a scenario that markets have feared even more following Washington’s invasion of Venezuela last week.

A diplomatic dispute between China and Japan shows no signs of easing, while attention also remains focused on nationwide protests in Iran and the ongoing conflict between Russia and Ukraine.

Crypto prices today: altcoins edge higher ahead of U.S. inflation data

Cryptocurrency prices broadly rose on Monday in line with Bitcoin but mostly remained within recent trading ranges.

The spotlight this week will be on U.S. inflation data for December, due on Tuesday, which is likely to influence interest-rate expectations.

The world’s second-largest cryptocurrency Ethereum gained 2% to $3,160.47, while XRP slipped 0.6%.

Solana added 5%, while Cardano rose 2%. BNB underperformed, falling 0.6%.

Among meme tokens, Dogecoin rose 0.5%, while TRUMP gained 0.7%.

See also: "Santiment: weak network growth prevents Solana from rising above $145"

#Bitcoin (BTC) #Price Increase

Editor: Yuliya Soroka
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