#Binance
ATTENTION: Bitcoin $BTC feels relief from the macroeconomic scenario!📝📊📄📈😎🤔
Traditional markets and cryptocurrencies reacted positively to Donald Trump's retreat on two points:
Moderation of tone against Jerome Powell, chairman of the Federal Reserve, ruling out his replacement. Moderation in the trade war with China, stating that final tariffs would not reach 145%.
Trump's retreat generated relief in the market and the rise of bitcoin made the cryptocurrency the fifth most valuable asset in the world, with a market value of $1.860 trillion, surpassing silver ($1.857 trillion) and Alphabet ($1.859 trillion), owner of Google.
Despite this, $BTC is still far from Nvidia (NVDA), which has a market value of $2.412 trillion.
Finally, on today's agenda, the market awaits the publication of the Beige Book, which will provide the Federal Reserve's outlook on the main indicators of the United States economy. #JeromePowell