Bitcoin And Crypto In Turmoil As Tensions Between Trump and Powell Escalate
The Bitcoin and cryptocurrency market is facing heightened volatility as U.S. President Donald Trump escalates his battle with the Federal Reserve. Related Reading: UK Listing? Not For Bitpanda—Liquidity Concerns Derail Plans Trump’s unprecedented move to ‘fire’ Fed Governor Lisa Cook, paired with growing friction with Fed Chair Jerome Powell, has rattled investor confidence and triggered […]
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Bitcoin (BTC) has long been touted as a hedge against economic turmoil, and recent global unrest is putting this narrative to the test. Analysts suggest that Bitcoin’s value proposition becomes increasingly evident as geopolitical tensions escalate. In a world where not all countries possess a currency as robust as the US dollar, the top crypto […]
US financial markets plunged Monday while cryptocurrency prices remained firm, as US President Donald Trump ramped up his public feud with Federal Reserve Chairman Jerome Powell, The Guardian and other news outlets reported Tuesday. The clash between the country’s highest political and monetary leaders shook traditional markets to their core but left crypto surprisingly unscathed. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Stock Markets Plummet After Presidential Remarks American stock indices closed forcefully lower on April 21, with broad....
Donald Trump isn’t exactly known for subtlety, and now he’s aiming his wrecking ball straight at the Federal Reserve. The rumor mill is spinning fast – will President Trump really fire Jerome Powell? Anthony Pompliano, crypto investor and entrepreneur, says that could set a dangerous precedent. Meanwhile, prediction markets like Polymarket are lighting up with […]
In an intriguing turn of events, the cryptocurrency market has witnessed optimistic responses following recent reports of an assassination attempt on the United States former President and Republican Presidential candidate Donald Trump. As information regarding the attempt surfaced, the market and community saw positive reactions, including digital assets like Bitcoin and Trump-inspired coin TRUMP. Crypto […]
A market study conducted by research and analysis firm Juniper speculates that bitcoin valuation will spike this year, citing the prospect of a Trump presidency in the US. Furthermore, the study finds that bitcoin transactions are speculated to exceed $92 billion in valuations this year, more than tripling the $27 billion value scaled in 2015. If presumptive Republican presidential nominee Donald Trump wins the U.S. presidential elections, the ensuing turmoil on world markets could lead to bitcoin thriving in such an environment, states a new study by Juniper Research. “If Donald Trump....