Bitcoin Dips and Trump Calls Jerome Powell a ‘Numbskull’

Another inflation indicator, the Producer Price Index (PPI) came in lower than expected for May, prompting a verbal assault on Jerome Powell by the president, as bitcoin shed roughly 1%. Trump Roasts Jerome Powell As Bitcoin Drops “We’re going to spend $600 billion a year because of one numbskull.” Those were the words of U.S. […]

Jun 12, 2025 - 19:52
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Bitcoin Dips and Trump Calls Jerome Powell a ‘Numbskull’
Bitcoin Dips and Trump Calls Jerome Powell a ‘Numbskull’Another inflation indicator, the Producer Price Index (PPI) came in lower than expected for May, prompting a verbal assault on Jerome Powell by the president, as bitcoin shed roughly 1%. Trump Roasts Jerome Powell As Bitcoin Drops “We’re going to spend $600 billion a year because of one numbskull.” Those were the words of U.S. […]