Now, Powell's (Federal Reserve Chair) statement simply means the following 👇
🔹 “The data indicates that growth is better than expected” This means the U.S. economy is stronger than they had anticipated; growth has not slowed down as some were worried, so economic activity continues.
🔹 “Current policy tools are working well” This means that the interest rate decisions they are making (raising or lowering rates) are functioning as intended — meaning monetary policy does not need a strong adjustment at this time.
🔹 “Monetary policy is data-driven” This is a phrase they always use, meaning: they will not make preemptive decisions; everything depends on the numbers coming from the market (inflation, unemployment, growth…).
🔹 “Increased risks in the labor market justify a rate cut in September” This means that because the labor market has begun to show signs of weakness or slowdown (for example, rising unemployment or fewer jobs), the Fed sees it as reasonable to cut rates in October to ease pressure on the economy.
🟢 In summary: Powell is preparing the market for the idea of a rate cut coming in October, because the economy is good but the labor market has started to show some strain. A rate cut usually supports financial markets, gold, and cryptocurrencies as liquidity increases
🇨🇳China Renaissance Bank is reportedly in talks to raise $600M for a fund investing in $BNB , with YZi Labs expected to join the deal #BNBmemeszn #MarketRebound #BNBBreaksATH
Currently, after the recent crash, most cryptocurrencies have distorted and impaired candles on the chart, which is a clear sign of manipulation. ⚠️ My advice to everyone: Stay away from leverage (futures) temporarily, until the cryptocurrencies at least return to their levels from a few days ago.
The biggest collapse in the history of digital currencies — more than 9 billion dollars vanished in 24 hours! 🇺🇸💥 This disaster recalls the warning from Putin's advisor, Kobyakov:
"The United States plans to wipe out its debt (35 trillion dollars) by transferring it to the digital currency cloud... then devaluing it at the expense of the world!"
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🔴 Today's American session restores confidence and momentum to global markets after Trump's tweet on Friday
🟡 Gold shines, indices rise strongly, and oil rebounds, while cryptocurrencies temporarily calm down in anticipation of the next round of Federal decisions 💹
💰 Fiery Predictions for Gold from Societe Generale! 🔥
French company Societe Generale has predicted that gold 🪙 will continue its strong upward trajectory to reach $5000 per ounce by the end of 2026, driven by a decline in the dollar, increasing geopolitical concerns, and ongoing U.S. interest rate cuts.
⬅️ Trump to the Middle East ✈️: The American president confirms that the war in Gaza has ended, heading to officially sign the peace plan, in a historic step towards long-term calm. 🕊️
⬅️ Warning of Government Shutdown ⚠️: The American vice president warns that the continuation of the federal shutdown will lead to wider layoffs in the public sector.
⬅️ Cryptocurrency Bounces Back 💎: Strong recovery after the recent wave of losses, with Ethereum returning above the $4000 level supported by new institutional flows.
⬅️ Political Changes in France 🇫🇷: The Élysée announces a new government, and Prime Minister Le Corneu pledges to pass the budget before the end of 2025. #TrumpTariffs #BinanceHODLerEUL
Crypto analysts expect Bitcoin to reach $130,000 $ETH 4,800 after the liquidation of $19 billion on October 10, which was caused by Trump's announcement of tariffs on China.
The collapse expelled weak positions from the centralized markets, while DeFi was more stable. Experts see that the market is now ready for institutional investments, and the current correction is healthy and allows the market to rest before the recovery.
💰 BNB has reached $1362, a 15.15% increase in just the last 24 hours.
🔹 The coin is currently outperforming most major cryptocurrencies, 📈 having risen by 129% over the past year, surpassing Bitcoin's 97% and Ethereum's 84% during the same period.
⚡️ The continued rise of BNB reflects investor confidence in the Binance platform and its role in the global digital market ▍
🖇️Binance announced that it will compensate users who lost due to a technical glitch that occurred during the collapse of the cryptocurrency market, which caused the USDe, WBETH, and BNSOL tokens to deviate sharply from their original values.
The glitch occurred on October 10 between 9:36 PM and 10:16 PM (UTC), due to trading delays and difficulties for market makers, which caused price gaps and losses for users.
#Binance stated that compensation will only be for those who were directly affected by the platform's issues, and the amounts will be disbursed within 72 hours. It added that it has started working on new updates to the system and more precise pricing mechanisms to prevent such issues from recurring.
The losses of the richest 10 billionaires approached 70 billion dollars on Black Friday.. and Musk is at the top of the losers.
One tweet from Donald Trump destroyed the markets and plummeted the wealth of the world's billionaires. As soon as the American president threatened to impose a massive increase in tariffs on Chinese imports and announced a 100% tariff, more than two trillion dollars in the value of American stocks evaporated. At the forefront of the losers is "Elon Musk" with "Tesla" losing more than 70 billion dollars in value, causing his wealth to drop by 15.8 billion dollars in one night to 437 billion dollars. Jeff Bezos saw his wealth decline by 10.2 billion dollars, followed by Mark Zuckerberg, who lost 9.7 billion dollars, and Jensen Huang, founder of Nvidia, lost about 8 billion dollars #TrumpTariffs #MarketPullback
$PEPE Congratulations to those who invested in BB, it reached $1
There are many rumors circulating that PEPE might reach $1. It could reach $1 under the following conditions: burning large quantities, leaving 1 trillion of it or 500 billion or less. There is high demand for it, institutions are adopting it, and the world is embracing it. If this really happens and everyone adopts it without burning the quantity of 420 trillion, it will not become one dollar, and it is a dream to become a dollar with such supply. This is my opinion, share your thoughts with me #MarketPullback
It's reasonable that around 6 billion dollars in short deals will be wiped out if the price of Bitcoin reaches 116 thousand dollars 💥🚀 This means that any strong rise from this stage could generate a new price explosion due to mass liquidation #MarketPullback $BTC