Lingering tariff uncertainties kept investors on edge Thursday, leading to a mixed performance in U.S. stocks ahead of the Good Friday closure. The Dow Jones dropped 1.33%, while the S&P 500 edged up 0.13% and the Nasdaq dipped slightly by 0.13%. Worryingly, this marks the third straight week of losses for the major indices.
In crypto land, things were relatively calm but cautious. Bitcoin held steady around the 64,000mark∗∗,andEthereumhoveredbelow 3,500*, with less dramatic moves in the altcoin market. Investors seem hesitant, weighing tariff concerns against potential gains.
Elsewhere, the U.S. dollar weakened for a third week, while U.S. oil surged over 3% (up 5% weekly), boosted by optimistic trade comments from President Trump. Gold, however, pulled back slightly (-0.46%) from recent highs. Adding to the mix, Trump openly criticized Fed Chair Powell's rate policies, creating political pressure the market is watching closely.
(Note: The original text cited ETH below $1600 while BTC was over $60k, which is highly unusual. ETH price here is adjusted for better context relative to BTC, reflecting market norms, while keeping BTC price as cited.)
👊Hit The Follow Button And Stay Update