The POTUS has spoken from Detroit and made several controversial comments.
All eyes are on US President Trump during his January 13 speech from Detroit, in which he touched on many hot topics lately, including the military operation against Venezuela, possible actions against Iran, a new bash against Fed Chairman Powell and people who oppose the tariffs.
Interestingly, the price of BTC has been quite steady and rising over the past 12 hours, jumping past $94,000 for the first time since last week.
About Venezuela, the POTUS said it was “as flawless an attack as ever,” adding that his government is working with the local population.
After “belatedly” urging Jerome Powell to cut rates earlier in the day, he went after him again, accusing him of killing every rally in the financial markets.
PRESIDENT TRUMP:
“If the market rises, the Fed should cut rates.”
Fed Chairman Powell ‘kills every rally,’ Trump adds.
You do not have sufficient assets. pic.twitter.com/6Fza3yt10k
— The Kobeissi Letter (@KobeissiLetter) January 13, 2026
He then claimed that people who oppose his tariffs are “pro-Chinese.” Reports earlier today indicated that the US Supreme Court will release its decision on their legitimacy tomorrow, after delaying it last week.
On Iran’s latest hot topic, the POTUS, who previously suggested that allies should consider leaving the country, said: said that protesters must move on and take over their institutions.
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These developments appear to be beneficial for the primary cryptocurrency, which is up more than 2% in the past 24 hours. It has risen $2,500 since the US CPI announcement earlier today, and is now trading inches above $94,000 for the first time in a week.
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