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Engineer Awolad
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#WOTD Will I be happy or disappointed after spending so much time and only getting 8 points? Definitely disappointed!!!
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#BTC As of May 6, 2025, Bitcoin (BTC) is trading at approximately $94,453, experiencing a slight decline of 0.16% from the previous close. The day's trading range has been between $93,702 and $95,118 . The broader cryptocurrency market is showing mixed signals. While Bitcoin's price remains relatively stable, altcoins like XRP and Solana have seen minor declines . Additionally, a significant Bitcoin whale transaction occurred, with 3,422 BTC, valued at $324 million, moving to a new address after 12 years . In summary, while Bitcoin's price remains relatively stable today, the market exhibits signs of cautious optimism. Investors are closely monitoring upcoming events and trends that could influence Bitcoin's trajectory in the coming months. $BTC
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#USHouseMarketStructureDraft The U.S. housing market is structured around a combination of public and private sector influences, driven by supply and demand dynamics, regulatory policies, and economic conditions. Key players include homebuyers, sellers, real estate agents, mortgage lenders, developers, and government agencies. The market operates across new construction and resale sectors, with financing largely facilitated by mortgage institutions backed by entities like Fannie Mae and Freddie Mac. Local zoning laws, interest rates set by the Federal Reserve, and tax incentives heavily influence housing availability and affordability. Regional differences also play a significant role, with urban centers often facing high prices and limited inventory, while rural areas may offer more affordability but fewer economic opportunities. The market is cyclical, responding to broader economic trends, demographic shifts, and policy changes. Overall, the U.S. housing market structure reflects a complex interplay of financial systems, legal frameworks, and human behavior shaping how Americans buy, sell, and live in homes.
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#FOMCMeeting The Federal Open Market Committee (FOMC) is holding a two-day meeting on May 6–7, 2025, to assess economic conditions and determine monetary policy. The meeting's outcome is scheduled to be announced on May 7 at 2:00 p.m. Eastern Time (11:00 p.m. Bangladesh Time) . Current Economic Context Despite a recent 0.3% contraction in GDP during the first quarter and rising initial jobless claims, the Federal Reserve is expected to maintain the federal funds rate at its current range of 4.25% to 4.50% . This cautious approach is influenced by several factors: MarketWatch Trade Policy Uncertainty: President Trump's aggressive tariff policies have disrupted business sentiment and manufacturing activity, raising inflation concerns. Inflation Trends: Recent data shows higher-than-expected annual gains in the Personal Consumption Expenditures (PCE) index, the Fed's preferred inflation gauge. Labor Market Strength: The economy added 177,000 jobs in April, indicating ongoing employment growth
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#FOMCMeeting The Federal Open Market Committee (FOMC) is holding a two-day meeting on May 6–7, 2025, to assess economic conditions and determine monetary policy. The meeting's outcome is scheduled to be announced on May 7 at 2:00 p.m. Eastern Time (11:00 p.m. Bangladesh Time) . Current Economic Context Despite a recent 0.3% contraction in GDP during the first quarter and rising initial jobless claims, the Federal Reserve is expected to maintain the federal funds rate at its current range of 4.25% to 4.50% . This cautious approach is influenced by several factors: MarketWatch Trade Policy Uncertainty: President Trump's aggressive tariff policies have disrupted business sentiment and manufacturing activity, raising inflation concerns. Inflation Trends: Recent data shows higher-than-expected annual gains in the Personal Consumption Expenditures (PCE) index, the Fed's preferred inflation gauge. Labor Market Strength: The economy added 177,000 jobs in April, indicating ongoing employment growth #BTC $BTC
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