On June 29, 2025, the BIS confirmed that Trump’s remarks posed no threat to the Fed’s autonomy. Federal Reserve Chair Jerome Powell emphasized the importance of maintaining the Fed’s mandates without engaging in political discourse.
Stability in cryptocurrency markets was observed after the BIS’s reassurance. Bitcoin (BTC) remained steady at 107,831.88 USD, dominating 64.8% of the crypto market amidst reduced trading volumes.
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