Bitcoin price today wobbles near $90,500 as Trump-Powell row ripples into crypto stocks
New York, Jan 12, 2026, 07:00 EST — Premarket Bitcoin slipped roughly 0.1% to $90,551, bouncing between $90,225 and $92,369 earlier. Ether edged up 0.3% to $3,111. In U.S. premarket action, Coinbase dropped 1.9%, Strategy fell 5.8%, miner Marathon Digital lost 2.0%, while Riot Platforms climbed 1.3%. Sentiment shifted to cautious after Federal Reserve Chair Jerome Powell revealed that the Trump administration threatened him with criminal indictment, sparking fresh concerns about central bank independence and the dollar’s outlook. “The repeated attacks on the Fed’s independence” remain a downside risk for the greenback, said MUFG’s Lee Hardman. Traders now brace for