President Donald Trump delivered a wide-ranging, controversy-filled address in Detroit on January 13, 2026, touching on military action, monetary policy, tariffs, and foreign protests while Bitcoin quietly rallied past $94,000 for the first time in a week.
At a Glance
- Trump praised the Venezuela strike as “flawless” and pledged cooperation with local forces
- He renewed attacks on Fed Chair Jerome Powell, saying the central banker “kills every rally”
- The president labeled tariff opponents “pro-Chinese” ahead of a Supreme Court ruling
- Bitcoin gained $2,500 in 12 hours and trades above $94,000
- Why it matters: Markets appear unfazed by geopolitical noise, sending crypto to a seven-day high
Speaking to a packed auditorium, the president opened with a defense of last week’s military operation against Venezuela, calling it “as flawless an attack as ever” and vowing that his team is “working with locals” to stabilize the region.
Powell Under Fire
Trump pivoted quickly to domestic matters, lashing out at Federal Reserve Chair Jerome Powell for a second time in one day. Earlier on Monday he had urged the central banker to lower interest rates; in Detroit he escalated the rhetoric.
> “When the market goes up, the Fed should lower interest rates,” Trump declared. “Fed Chair Powell kills every rally.”
He ended the aside with a blunt directive to the audience: “You do not own enough assets.”
Tariffs and the Supreme Court
The president also took aim at critics of his tariff regime, asserting that anyone opposing the duties is “pro-Chinese.” The timing is notable: the U.S. Supreme Court is scheduled to publish its decision on the legality of those tariffs tomorrow after delaying the ruling last week.
Iran Comments
On Iran, Trump encouraged demonstrators to press forward. The president, who recently suggested that U.S. allies should consider exiting the country, told protesters to “continue and take over their institutions.”
Market Reaction: Bitcoin Shrugs Off Headlines
While the remarks dominated cable news chyrons, Bitcoin charted a steady climb. Data tracked by News Of Losangeles shows the leading cryptocurrency has added more than 2% in the past 24 hours and surged roughly $2,500 since the morning’s U.S. CPI release.
| Metric | Value |
|---|---|
| BTC 24h Change | +2.1% |
| BTC 12h Gain | $2,500 |
| Current Price | $94,050 |
| Seven-Day High | First time since Jan 6 |
The move pushes Bitcoin back above the psychologically important $94,000 mark for the first time since last week, a level that had served as resistance after the post-CPI sell-off.
Key Takeaways
- Trump used the Detroit stage to reinforce hard-line stances on Venezuela, Iran, and trade
- Fed Chair Powell remains a favorite rhetorical target as markets hover near highs
- Bitcoin’s price stability amid geopolitical turbulence suggests resilient risk-on sentiment
- Investors await the Supreme Court’s tariff verdict, expected Tuesday morning
