All eyes are on US President Trump during his January 13 speech from Detroit, in which he weighed in on numerous hot topics as of late, including the military operation against Venezuela, potential actions against Iran, another bash fest against Fed Chair Powell, and people opposing the tariffs.
Interestingly, BTC’s price has been quite stable and rising over the past 12 hours, jumping past $94,000 for the first time since last week.
On Venezuela, the POTUS said it was “as flawless an attack as ever,” and added that his administration is working with locals.
After urging ‘too late’ Jerome Powell to lower the interest rates earlier today, he went after him once more, blaming him for killing every rally in the financial markets.
PRESIDENT TRUMP:
“When the market goes up, the Fed should lower interest rates.”
Fed Chair Powell “kills every rally,” Trump adds.
You do not own enough assets. pic.twitter.com/6Fza3yt10k
— The Kobeissi Letter (@KobeissiLetter) January 13, 2026
He then claimed that people who are against his tariffs are “pro-Chinese.” Reports from earlier today indicated that the US Supreme Court will publish its decision on their legitimacy tomorrow after postponing it last week.
On the latest hot topic of Iran, the POTUS, who earlier suggested that allies should consider leaving the country, said that protesters should continue and take over their institutions.
These developments seem to benefit the primary cryptocurrency, which is up by over 2% in the past 24 hours. It has jumped by $2,500 since the US CPI announcement earlier today, and now trades inches above $94,000 for the first time in a week.
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