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🟠 Promising predictions were made by the CEO of BlackRock, who expects
Bitcoin
to reach $700,000 if sovereign wealth funds plan to allocate 2% to 5% of their investments to cryptocurrencies.
#CryptoAMA
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#usdoller
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#blackRock
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📚 [Quick Facts]: • Trump is considering partial tariff waivers for automakers. • The Beige Book: "Tariffs" was mentioned 107 times! The economic outlook has deteriorated significantly in many regions. • The Knot: It's appropriate to take a neutral political stance as shocks continue to unfold. • New home sales in the US rose in March, exceeding expectations, led by gains in the South. • US tariff revenues surged more than 60% in April, reaching at least $15 billion. #CryptoAMA #newsdaily #InformedInvesting #market_tips #Market_Update
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⭕ US Treasury Secretary Scott Besant expects the trade escalation between Washington and Beijing to slow, while President Donald Trump announced that the hefty tariffs he imposed on Chinese exports to his country will be reduced "significantly." ⏪ During a closed-door meeting in Washington organized by JPMorgan Chase, Besant emphasized that the current trade situation between Washington and Beijing is unsustainable for both parties, according to what one of the attendees told Agence France-Presse. ⏪ The current trade situation the US Secretary is referring to is an additional 145% tariff imposed by the United States on its imports of Chinese products and a retaliatory 125% tariff imposed by China on its imports of US goods. #CryptoAMA #MarketRebound #BinanceAlphaAlert #TrumpVsPowell #USStockDrop
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🔴 China confirmed on Wednesday that it is ready to enter into trade talks with Washington, a day after US President Donald Trump indicated he was willing to reduce the hefty tariffs he imposed on it after reaching an agreement. 📌 Chinese Foreign Ministry spokesman Guo Jiakun said at a press conference in Beijing that "China has indicated from the beginning that no party will emerge victorious in trade and tariff wars," adding that "the door is wide open to talks." #CryptoAMA #newsdaily #InformedInvesting #market_tips #tradesafely
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📊 Markets: 1. Is Trump No Longer Scaring Stock Markets? The S&P 500 Index fell 2.4% overnight, but Asian stock markets remained unaffected. US stock futures are now in the green. 2. Gold Makes History: The price of an ounce surpassed $3,494. We've never seen such a jump before. Perhaps in the time of the Pharaohs? God knows! 3. Bitcoin: "There's a Title for Difference": The first digital currency surpassed $88,000 as if it didn't see what was happening. But altcoins are suffering from a decline. #CryptoAMA #USStockDrop #FederalReserveIndependence #GoldenLionSignal #tradesafely
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🔵Here are the most prominent market developments: 🔷 The dispute between President Trump and Federal Reserve Chairman Jerome Powell is escalating and reaching a peak. ⬅️ Trump returned on Monday and attacked Jerome Powell, describing him as a big loser and demanding that he immediately cut US interest rates. 🔷 Meanwhile, Jerome Powell continues to oppose a rate cut, which gave the markets an initial impression that Trump will soon dismiss Jerome Powell. 🔷These concerns increased demand for gold, pushing it to a new all-time high of $3,500 due to fears of a clash between the Federal Reserve and the White House. 🔷There are no significant market data releases today, and the focus remains on the effects of the trade war and the disagreements between Trump and Powell. #CryptoAMA #TrumpVsPowell #Informational #GOLD #market_tips
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