<ul><li>Bitcoin remains resilient above $105,000 mark amidst macroeconomic challenges and institutional pressures.</li><li>Federal Reserve Chair Jerome Powell hints at softer policy, boosting risk appetite and potentially benefiting Bitcoin due to potential rate reductions.</li><li>President Donald Trump's administration accelerates crypto adoption with strategies like establishing a Strategic Bitcoin Reserve, introducing a Bitcoin ETF, and investing $2.5 billion in Bitcoin holdings.</li><li>Bitcoin's performance in June could see a bullish breakout above $107,500 if dovish sentiments continue and Trump-led initiatives gain momentum, while failure to break resistance may lead to price retracement towards $97,500.</li></ul>

Trump vs Powell: What’s Next for Bitcoin?

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