The two main causes of the market downturn we experienced from January to April were the Fed’s announcement to slow down the pace of interest rate cuts more than expected, and Trump initiating the trade war.
Now, this whole situation is gradually reversing, with the trade war easing and the Fed approaching its first rate cuts. If the PCE inflation comes in lower than expected, it should help solidify the $BTC bull market once again. #TrumpTariffs
I didn't find the source of this news, and no journal seems to be aware of that 🤔 Is that really true?
Binance Square Official
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According to Jinshi Data, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports. He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy. The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks. 💬 Do you think these policies will boost markets, or trigger more global volatility? How do you see this impacting crypto and broader risk assets?
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The CPI inflation index came in below expectations (2.3% vs 2.4%). If the impact of tariffs is smaller than expected, the market is likely to resume its upward trend. 👀 $BTC
Today marks a pivotal moment! 👀 Over the past two years, Bitcoin has only managed to close above $45,000 with green candles on two occasions. Today represents another shot at this milestone. If successful, it could pave the way for surpassing the $50,000 mark. 🚀 #Write2Earn
Bulllish: Whales are piling up. Number of addresses with more than 1000 bitcoins is at its highest considering a 1-year interval. #Write2Earn #BitcoinETF💰💰💰
Bullish: In 16 days, the balance is positive at 1.5 billion dollars of Inflow in Bitcoin ETFs. Despite Grayscale's sales, there is more institutional money coming in than going out. #Write2Earn