Bitcoin and crypto prices, after swinging wildly along with stocks, are braced for an epic showdown between U.S. president Donald Trump and Federal Reserve chair Jerome Powell.

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The bitcoin price has held up better than the tech-heavy Nasdaq as tariff turmoil rocks crypto and equity markets, with billionaire Ray Dalio warning of “monetary order breakdown” that could spell something worse than 2008.

Now, as Treasury secretary Scott Bessent issues a surprising bitcoin price prediction, the chief executive of the world’s largest crypto…