Europe is preparing for another round of U.S. trade negotiations, with tariffs looming like the sword of Damocles. Everything is chopping, including BTC USD. While diplomats talk shop, BTC ▲0.27% is pulling capital from hedge funds and pension desks alike but the price action is still muddied. Here’s what’s going on with the EU and … Read more
U.S. stocks climbed Tuesday, buoyed by stronger-than-expected labor data and optimism around potential U.S.-China trade talks, which helped offset economic growth warnings from the OECD. The Dow Jones Industrial Average rose 214 points, or 0.51%, while the S&P 500 gained 0.58%. The tech-heavy Nasdaq outperformed, rising 0.81%, powered by a rally in chip stocks led … Read more
U.S. stocks rose Thursday, with the S&P 500 up 0.4%, after Nvidia’s strong first-quarter earnings lifted sentiment. However, gains were tempered by renewed uncertainty over President Donald Trump’s tariff policy following conflicting court decisions. The tech-heavy Nasdaq Composite also climbed 0.39%, while the Dow Jones Industrial Average added 127 points, or 0.3%, despite a 3.4% … Read more
U.S. stock markets closed mixed on Wednesday as investors extended a rally sparked by easing trade tensions between the U.S. and China. The S&P 500 edged up 0.1%, the Nasdaq rose 0.57%, and the Dow Jones Industrial Average declined 0.21%. Technology stocks drove the gains. Nvidia climbed over 3% after announcing it would send 18,000 … Read more
The crypto market just took a punch to the gut, hard. A whopping $1 trillion in market cap vanished in a flash as the latest round of U.S. tariff announcements sent shockwaves through both traditional and digital markets. And no, this crypto crash wasn’t an April Fool’s joke. Bitcoin dropped below the $80,000 line as … Read more
The value of President Donald Trump’s controversial memecoin has cratered following the rollout of the White House’s new tariffs. Official Trump (TRUMP) is trading at $9.03 at time of writing and is down more than 13% in the past 24 hours. Trump signed an executive order on Wednesday that slapped a 10% baseline tariff on … Read more
On “Liberation Day” President Donald Trump announced his tariff plan, and it certainly didn’t impress the market. The plan includes high tariffs on imports from other countries, some of the highest in decades. This news has caused a strong reaction in financial markets. Stocks have dropped significantly, crypto prices have fallen, and traders are feeling … Read more
Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump’s executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China. Although the tariffs on Mexico and Canada remain on pause, the move was enough to rattle investors and spark sell-offs … Read more