Last week, Bitcoin surged to as high as $97,000 amid tariff uncertainties, while Dogecoin and Shiba Inu held steady and looked primed for a surge. Now, this surge has come following the Fed’s latest decision and Powell’s speech. It is worth mentioning that BTC surged to as high as $99,000 following the speech, which also prompted the move from DOGE and SHIB.
Meanwhile, US Treasury Secretary Scott Bessent has revealed that the US could soon reach trade agreements with 17 of its key trading partners. Market participants also consider this development bullish since it will ease the negative impacts of Trump’s tariffs.
