US dollar, stock and crypto gets as Trump amplifiers pressure on Fed

The cropto market avoided the latest Salvo President Donald Trump against the Federal Chairs of Povel, which saw the decline on the market on the Stock Exchange and the dollar and further weakening of insecurity.

Stock Exchanges ended 21. April in red, and the S & P 500 drop 2.4%, heavy Napada slip 2.5%, and the Dow Jones loses 2.5%, or nearly 1,000 points, according to Google Finance.

S & P 500 has now declined more than 12% since the beginning of the year, and Nasadada has come almost 18% in the American technical action Ecodus.

Slide for the stock exchanges are monitored by escalating tension between Donald Trump and Jerome Powell and growing concern over the influence of trade tariffs.

“” Preventive cuts “in interest rates does not call them many” Trump wrote Its social media platforms is true. April 21.

“With energy costs, food prices (…) are significantly lower, and most other ‘things’ collapsed, there is practically no inflation,” he added.

Trump has repeated his call To lower the interest rates, which is Powell, which is marked as “the Lord too late” and the “great loser” of Potus, guarded 4.5% high.

Last week, Powell took on a finger in Trump Trading Tariffs, saying that they can lead to a dangerous economic combination of growing prices and slowing growth or “stagflation”.

Trump replied fire call The central banking chair, stating that time that “Raskid cannot be reached quickly enough.”

The Fed is expected to maintain its coming policy and see at its meeting from 7. May, with interest rate markets prediction Only 13% chance of terminating centers, according to CME Fed Watch.

The US dollar devaluation continues

US Dollars (DKSI) – measuring the power of Greenback against the basket of leading currencies – also slipped more than 10% so far this year. This week it fell on a three-year row under 98. April, 21. April, toward to trading.

“Everyone needs and wants a weaker dollar to service their dollars debts”, commented Real Vision Founder and CEO Raououl PAL 22. April. “This is the purest form of global liquidity and the greatest driver of Global M2 (money) was currently added.

Related: The US dollar goes “without offer” – 5 things to know in Bitcoin this week

Meanwhile, the crypto markets were retained for the weekend gain with the total capitalization that remained at $ 2.83 trillion at the time of writing.

Bitcoin (Btc) Keep digital funds market float, hitting with high than four $ 88,500 from the 22nd. April.

“In the middle of one of the most expensive periods for global markets, Bitcoin shows impressive resistance,” commented Bitfinex Analysts on a recent update on the market.

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