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Bitcoin Rallies as Trump’s Push Against Powell Weakens Dollar

(Bloomberg) -- Bitcoin rallied to its highest level since Donald Trump’s tariff announcements in early April as the dollar slumped amid renewed fears over the US president’s efforts to remove Federal Reserve Chairman Jerome Powell. Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Administration Takes Over New York Penn Station RevampTrump Gives New York ‘One Last Chance’ to End Congestion FeeThe Racial Wealth Gap Is Not Just About MoneyNashville’s