President Trump’s Push to Oust Powell Sends DXY Plummeting, Bitcoin Hits Liberation Day Highs

The US Dollar Index (DXY) has dropped to a three-year low amid reports that President Donald Trump is considering removing Federal Reserve Chairman Jerome Powell.   Meanwhile, the development positively affected Bitcoin’s (BTC) price, pushing it to its highest level since President Trump’s Liberation Day. Trump’s Push Against Powell Adds Pressure on the Dollar According to the latest data, DXY has plunged below 99. At press time, it stood at 98 source: https://beincrypto.com/us-dollar-index-trump-powell-btc-price/