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Looking for the next big meme coin? Don't miss this one.
#PEPE is taking over the crypto scene, and guess what-you can grab 1000 $PEPE tokens every single day for FREE!
Whether you're deep into crypto, love collecting meme coins, or just want to see what the hype is about-this is an easy way to jump in with zero investment.
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The Fed’s Biggest Fear Is Coming True as Bitcoin Nears $100,000
Bitcoin$BTC is rapidly approaching the $100,000 mark, reaching levels not seen since before the market’s tariff-driven turbulence—fueled in part by a projected $10 trillion surprise on Wall Street.
The price of bitcoin has jumped nearly 30% since hitting its April lows, driven by growing concerns about the U.S. dollar's future.
“The Fed’s worst nightmare is becoming reality,” analysts from The Kobeissi Letter wrote on X. “The market recognizes that stagflation has arrived.”$ETH
Recent data from the Commerce Department showed U.S. GDP contracted at an annualized rate of 0.3% in the first quarter, with a surge in imports weighing heavily on the economy. Analysts also highlighted that the Fed’s preferred inflation gauge, the PCE price index, was flat in March after a 0.4% increase in February.
“The PCE is now at its highest level since July 2024—before the Fed began pivoting on policy,” Kobeissi added.
“We're seeing inflation rise while the economy weakens,” Kobeissi noted. “The Fed is now in a lose-lose situation they hoped to avoid.”
With the Fed set to meet next week, markets expect rates to remain unchanged. However, many traders are betting that cuts will begin in June—a move that typically favors bitcoin and other risk assets.$TRUMP
“A shift toward easier monetary policy is good news for bitcoin, as more liquidity tends to flow into riskier investments,” said Tracy Jin, COO of crypto exchange MEXC.