"Trading volume over the past 24 hours totaled approximately $52 billion, reflecting heightened market participation as price pushed higher. Bitcoin's total market capitalization rose to $1.88 trillion, also up about 3% on the day, as the asset continues to assert its position as the dominant cryptocurrency. Bitcoin's circulating supply currently stands at 19,975,465 BTC, just under the protocol's hard-capped maximum of 21 million coins."
"The probe marks a sharp escalation in a months-long standoff between the White House and the U.S. central bank and its Chair. Powell disclosed via a social media post that the DOJ served the Federal Reserve with grand jury subpoenas and raised the possibility of criminal charges tied to his June 2025 congressional testimony regarding the more than $2.5 billion renovation of Fed office buildings."
Bitcoin climbed above $94,000, trading at $94,435 and gaining roughly 3% over 24 hours, reclaiming the upper end of January's consolidation range. The price sits near its seven-day high and about 4% above the seven-day low, with 24-hour trading volume around $52 billion. Total market capitalization rose to $1.88 trillion, and circulating supply stands at 19,975,465 BTC, just below the 21 million cap. The U.S. Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, serving grand jury subpoenas related to his June 2025 testimony about a $2.5 billion Fed renovation. Powell labeled the probe politically motivated amid tensions with the White House and criticism from President Donald Trump.
Read at Bitcoin Magazine
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