As if there weren't enough reasons to buy Bitcoin (CRYPTO: BTC) already, a rapidly growing body of evidence suggests there's one huge new trend emerging. Bitcoin is already a global phenomenon, and the world's governments know it, which is why a slew of them are opting to hold their coins rather than sell them for a quick buck. The U.S., China, U.K., Ukraine, North Korea, and El Salvador all already hold Bitcoin, and they probably won't be the only countries to build up stockpiles.
Goldman Sees Yen Rising to Low 140s as Bitcoin Echoes Tech Stock Weakness
Goldman Sachs recommends the yen as a hedge against U.S. recession risks, citing its historical strength in risk-off environments.
Markets on high alert ahead of Trump's tariff plan reveal
NEW YORK (Reuters) -Global investors are close to getting some clarity on the Trump administration's tariff plans on Wednesday, but with little detail on what to expect, financial markets remain on edge. U.S. President Donald Trump has for weeks pegged April 2 as "Liberation Day", when he plans to impose an array of new tariffs that could upend the global trade system. Tariffs could have big implications for corporate earnings, global growth, inflation and Federal Reserve interest rate policy.
Morning bid: Markets at a standstill before tariff drama
With less than 24 hours left until U.S. President Donald Trump unveils his reciprocal tariff plans to a nervous world, market moves have slowed to a crawl as investors hunker down and minimise their risk ahead of a likely volatile reaction. In the meantime, only gold prices are showing signs of life. For weeks now, investors have been focused on what Trump has deemed "Liberation Day", which is expected to bring dramatic new duties against allies and foes alike.
MAGA favorite Newsmax is the hottest new meme stock after a 2,190% post-IPO surge
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.
Trump Tariff Rollout Opens New Era of Risk for Global Economy
The administration’s plans to impose what Trump calls reciprocal tariffs have left investors, executives, government officials and consumers around the world guessing what lies ahead.
Here's how big a move traders are eyeing for the stock market on tariff 'liberation day'
Options data indicates big swings are possible in responses to Trump's tariff announcements on Wednesday. Here's what to know.
Stock market today: Wall Street swings in final hours of trading before Trump's tariff announcement
Financial markets around the world have been particularly shaky lately because of uncertainty about what Trump will announce in the event scheduled to begin after the U.S. stock market closes for the day. Much is still unknown about what Trump will say, including how big the tariffs will be, which countries will be hit and what kinds of products will be targeted.
Stocks make little progress, gold rises as tariff news looms
U.S. equities were barely changed while European stocks fell on Wednesday and safe-haven gold was in demand as investors anxiously awaited details of U.S. President Donald Trump's tariff plans and worried about an intensifying global trade war. Investor focus on Wednesday was firmly on reciprocal levies the White House is due to announce after the U.S. stock market close, in what Trump has called America's "Liberation Day." Trump is expected to add new trade tariffs that take effect immediately, adding to already imposed levies on aluminium, steel and autos, along with increased duties on all goods from China that have rattled markets as fears grow a full-blown trade war could trigger a sharp global economic slowdown.
Why Trump's tariffs could actually be good for bitcoin
As the Trump Administration sets out tariff policy on “Liberation Day” Wednesday, many are pessimistic about the economy in general and crypto prices in particular. But there are strong reasons not to be, say analysts.