Bitcoin rose on Tuesday after lackluster moves the previous day as U.S. President Donald Trump hinted at further tariff relief with the possibility of halting tariffs on cars. The largest cryptocurrency in the world climbed 2% to $86,025.0000 by 4:40 PM Saudi time. ..... Reports indicated that the Trump administration is considering using tariff revenues to buy Bitcoin, with the aim of bolstering reserves without borrowing more money or imposing new taxes. This move follows Trump's executive order to build a strategic reserve of cryptocurrencies, according to media reports.
As a result of the trade tensions between the United States and China, the cryptocurrency market was negatively affected, starting in early April, and the Bitcoin, the first cryptocurrency in the world, declined. Due to the United States' direction towards postponing most tariffs. And the direction of some countries to hold Bitcoin as a primary currency within their cash reserves. All of this led to Bitcoin regaining its health and stability. Its price now stands at approximately 84,500 after dropping to below 74,000. I believe that the future is much better for the world's leading digital currency.
Urgent: Inflation in America Shakes the Market! Has the countdown to interest rate easing begun? The annual inflation index in the United States has dropped to just 2.4% – lower than the expectations which were indicating 2.6%. This sudden decline is considered a strong signal that inflationary pressures have begun to ease, and it may open the door for the U.S. Federal Reserve to ease monetary policy in the coming months. What does this mean for the markets? • Stocks are rising due to the possibility of halting interest rate hikes. • Gold continues to rise as a store of value amidst a declining dollar. • Cryptocurrencies are breathing again, as liquidity begins to flow towards high-risk assets. • The dollar is retreating against a basket of currencies, enhancing the chances for rises in cryptocurrencies and gold. The question for you: 🔥 Do you think the Federal Reserve will actually start lowering interest rates this summer? 🔥 Yes, inflation is under control ❤️ Maybe it will wait until the end of the year 😭 No, it will remain cautious for a long time #Inflation #United_States #Interest_Rates #Dollar #Gold #Bitcoin #Economic_Analysis #Economic_News #Currency_Market #Breaking_News
#SECGuidance My investment portfolio mix. Follow me to see how I invest!$XRP 💥 Breaking news in the Ripple case! The U.S. Securities and Exchange Commission (SEC) responded to Ripple, opposing its emergency request to present new evidence! Mr. Torres, get ready for a heated battle! This urgency indicates that something significant is at stake.
Potential Rebound Formation After a significant drop of -11.82%, it stabilizes above its lowest point at $0.0281 with signs of recovery on the 15-minute chart. Buyers are slowly entering with the formation of higher lows. Trade Setup: Entry Zone: $0.0288 – $0.0292 Target 1: $0.0305 Target 2: $0.0315 Final Target: $0.0338 Stop Loss: $0.0275 Quick Tip: Avoid entering on red candles; wait for bullish confirmation above $0.0293 before entering. Buy and trade here at #vaulta😍