US Stock Futures, Dollar, Treasuries Tumble On Powell Punt Panic; Gold, Bitcoin Soar
6 Articles
6 Articles
US Stock Futures, Dollar, Treasuries Tumble On Powell Punt Panic; Gold, Bitcoin Soar
US Stock Futures, Dollar, Treasuries Tumble On Powell Punt Panic; Gold, Bitcoin Soar With most global markets still closed for Easter holiday, US equity futures start the week sharply lower while the dollar and Treasuries plunge (10s and 30s are 8bp and 10bps higher as the yield curve twists steeper) as traders reacted to the possibility that Trump will try to remove Powell. As of 8:00am ET, S&P futures are down 1.3% and Nasdaq futures slide 1.5…
Bitcoin Reaches $91,400 as Trump Targets Fed's Powell, Gold Hits $3,500 Since Liberation Day
Bitcoin has surged to a new high of $91,400, marking a 4.5% jump in 24 hours and a 6.86% gain for the week, amid a weakening U.S. dollar and heightened political tensions. The cryptocurrency's rise comes as President Donald Trump intensifies his efforts to remove Federal Reserve Chairman Jerome Powell, contributing to market uncertainty.The U.S. dollar index has hit a three-year low, reflecting broader economic concerns and contributing to Bitco…
Bitcoin taps 45-day peak as US Dollar jittery sparks demand for altcoins and Gold
Cryptocurrency market capitalization crossed the $2.8 trillion mark on Monday, rising 0.9% after stagnating at $2.7 trillion last week. Bitcoin price hit $87,600, its highest level in 45 days, dating back to March. BTC’s 4% gain outperforms top altcoins like BNB, XRP and Solana, while Tron trades in the red, signaling the rally is still in early stages. The cryptocurrency market capitalization rises 0.9% on Monday, breaking after stagnating at $…
Why Is Bitcoin Going Up? Trump vs Powell Clash Is Pushing Crypto Higher
The bullish sentiment in the cryptocurrency market appears to be returning, with the uncertain fate of US Federal Reserve Chairman Jerome Powell. As US President Donald Trump hinted at the possible removal of Powell from his role, Bitcoin gained positive momentum and reached above $87,500 apiece.In the last 24 hours, Bitcoin jumped by over 3%, breaking the week-long stagnation, according to the Coingecko data. Other top cryptocurrencies, includi…
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