US stocks and the dollar faced significant declines as President Donald Trump criticized Federal Reserve Chair Jerome Powell, labeling him “a major loser” for not cutting interest rates to support the economy. Trump urged Powell to make bold moves to prevent economic slowdown amidst fears heightened by his own tariff policies, which have led to ...
Bitcoin spot exchange-traded funds (ETFs) have faced significant outflows amounting to $595 million between March 28 and April 8, despite Bitcoin’s surge to $82,000 on April 9. The ongoing global trade war and fears of an economic recession are leading investors to favor safer assets, causing continuous withdrawals even after some tariffs were lifted. Market ...
Crypto and stock traders were hoping to avoid a 104% tariff on Chinese goods, but the White House confirmed it will take effect on April 9. Consequently, the S&P 500 index dropped 1.6% after earlier gains. This turmoil has raised concerns about Bitcoin’s ability to regain its upward trend amid challenging economic conditions. Recent Market ...
