Bitcoin has dropped over 15% since February 3, when former US President Donald Trump announced tariffs on China, Canada, and Mexico, causing uncertainty in the Market. As of March 5, Bitcoin was trading around $86,400, and investors have withdrawn more than $3.5 billion from US-based Bitcoin exchange-traded funds. Economic fears often lead to selloffs in ...
The U.S. debt ceiling issue is back in focus as the government approaches its $36 trillion borrowing limit. Outgoing Treasury Secretary Janet Yellen warns that failing to raise this limit could jeopardize the government’s ability to meet its financial obligations. However, Yellen has also mentioned that the Treasury will take “extraordinary measures” to extend financial ...
The U.S. debt ceiling issue is back in focus as the government nears its $36 trillion borrowing limit. Although this might alarm investors, it could benefit bitcoin and other risk assets. Treasury Secretary Janet Yellen indicated that while the debt ceiling prevents new spending, the government can still use “extraordinary measures” to meet its financial ...
After a week of rising inflation fears and surging bond yields, US presidential politics seemed to heat up. However, risk-asset investors remained largely unfazed. The key takeaway is that despite ongoing economic concerns, markets showed resilience and confidence.
