Bitcoin Surge Could Clash With Fed Reserve Goals
Bitcoin slipped on Friday after a brief run higher, and some market watchers say the move could force a policymaker response. Based on reports, Bitcoin was trading at about $113,240, down 3.4%, on August 22, 2025.
Crypto Analyst Flags Inflation Risk
According to Bloomberg Intelligence strategist Mike McGlone, the simultaneous rise in equities, Treasury yields, gold and Bitcoin looks unstable and could push inflation higher if it continues.
He warned that stronger risk-asset gains might nudge the Federal Reserve toward tighter policy, not easing, which would be the opposite of calls from US President Donald Trump to loosen policy this year.
Reports have noted that Bitcoin fell from a local high of $120,050 to roughly $112,990, a decline…
