Bitcoin Leads XRP, ETH, and ADA Higher as Perceived Threat to Fed Independence Sends Dollar Crashing

Bitcoin (BTC) outshined the otherwise volatile alternative cryptocurrencies early Monday as the dollar index crashed to a three-year low on reports that President Donald Trump is exploring ways to remove the Federal Reserve Chairman Jerome Powell.BTC rose over 2% to $87,200, hitting the highest since April 2, according to data source CoinDesk. The move marked a bullish resolution to the recent consolidation between $83,000 and $87,000. Major alternative cryptocurrencies such as payments-focused XRP, Ethereum's ether and Cardano's ADA rose over 1% each, lagging BTC source: https://www.coindesk.com/markets/2025/04/21/bitcoin-leads-xrp-eth-and-ada-higher-as-perceived-threat-to-fed-independence-sends-dollar-crashing