Trump’s Tussle With the Fed Could Be Bitcoin Catalyst

From etftrends.com

President Trump really doesn’t like Federal Reserve Chair Jerome Powell. Over the weekend, the Justice Department made clear Powell is the target of an investigation pertaining to his congressional testimony and the central bank’s plans to build a new $2.5 billion headquarters. In potentially good news for ETFs such as the Coinshares Valkyrie Bitcoin Fund (BRRR), assuming the Trump/Powell rift labors on, bitcoin traded slightly higher Monday. That could be a sign the largest cryptocurrency is a shelter-from-the-storm play as the White House intensifies efforts to remove Powell from his leadership post. Entering ... (full story)