Market Update

Bitcoin is restored with federal reserve warnings of the risks of Trump’s tariff

Bitcoin (BTC-UsdIt rose higher in trading early on Thursday, as it pushed again to a mark of $ 85,000 (64,192 pounds) after a turbulent 24 hours. The modest recovery comes after a sharp sale after the Federal Reserve Chairman, Jerome Powell, warned on Wednesday that the high tariff for US President Donald Trump may lead to inflation and pressure on economic growth.

Read more: Trying direct prices

Powell’s comments rapidly raised a decrease Coded Markets, with the main altcoins spreads great losses. Bitcoin, which was close to $ 86,000, fell to $ 83,700 before benefiting from about $ 84,800 early on Thursday.

Meanwhile, the US Treasury’s revenues fell in the wake of Powell’s comments before publishing modest gains on Thursday morning, while GThe old rose to the highest new level ever Higher than 3,322 dollars, which reaffirms its position as the preferred safe armed asset in the market.

He has letter At the Chicago Economic Club, Powell warned that inflationary pressures were completely escalating when the growth expectations of softening began, which may lead to recession – a mixture of slowing out of the output and high prices.

Solana (Sol-UsdA recovery on Thursday between the main tuns, as it increased 8 %.

CCC – CoinmarketCap US dollar

As of 11:25:00 UTC. The market is open.

Although some investors raised concerns about the treasury revenues, Powell’s statements helped reduce the instant market pressure. The return on the US Treasury note for 10 years decreased by nearly five basis points to 4.279 % on Wednesday, and settled by 4.29 % closing.

By Thursday morning, however, it turned to 4.33 %. Likewise, the return for 30 years decreased to 4.74 % before recovery to 4.78 %.

Read more: Oil prices are rising as the United States exports new Iran sanctions

These movements indicate that although caution continues, fugitive inflation concerns or the sale of the sharp bond market have not yet been achieved.

On the organizational front, Powell emphasized the need for a comprehensive legal framework for Stablecoins such as USDC and USDT, noting the renewed efforts in the US Congress to formulate legislation. He said that such digital origins may have a wide attractiveness, provided that they are governed by rules that ensure consumer protection and transparency.

He also suggested that some encryption banking guidelines can relax to encourage responsible innovation, as long as the basic principles of financial stability have been supported.

QCP’s capital analysts noted that in the American treasury and the dollar, which loses some of their traditional attractiveness in safe infiltration, gold has now appeared as a favorite store in the market, but they questioned the characteristics of the “digital” bitcoin “gold”.

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