Bitcoin remained about 28% below its record high of above $126,000 reached in early October. Bitcoin and other cryptocurrencies were higher Monday as digital assets appeared set to shrug off a Department of Justice investigation into Federal Reserve Chair Jerome Powell.
Bitcoin remained about 28% below its record high above $126,000 reached in early October. On Monday, Bitcoin and other cryptocurrencies rose as digital assets appeared poised to shrug off a Department of Justice investigation into Federal Reserve Chair Jerome Powell.
Traders were cautious, balancing regulatory scrutiny with ongoing demand for digital assets, and the latest price action showed resilience as the market digested the DOJ inquiry related to Powell. Market watchers will continue to monitor developments in regulation and any statements from policymakers that could shape near-term sentiment, with the crypto complex holding its gains as the industry seeks further clarity.
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