🔼 Iran Ceases Fire on Israel, Markets Rise
Donald Trump said on Tuesday that a cease-fire was now in effect shortly after Iranian state media announced that Tehran had fired a "final salvo" of missiles at Israel.
🗣 "THE CEASE-FIRE IS NOW IN EFFECT. PLEASE DO NOT BREAK IT!" Trump wrote in a post on Truth Social.
↗️ Against this backdrop, BTC recovered above $105,000, which had a positive impact on the entire market.
🔽 However, due to the sharp market movements over the last 24 hours, more than $500 million was liquidated , much of it in short positions.
👤 Jerome Powell will testify before Congress today at 5:00 p.m. to comment on the U.S. economy. Trump said lowering interest rates could save the U.S. "+$800 billion a year" and called on Congress to pressure Powell.
😡 "Too late" Fed's Jerome Powell will be in Congress today to explain, among other things, why he refuses to cut rates. "Europe has had 10 cuts, we've had ZERO. No inflation, great economy - we should be at least two or three points lower."
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