Bitcoin Stalls after Fed Bostic warns of “Thick” Economic Fog

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Price of Bitcoin As the White House refined and re-emphasised its tariff message without inciting noticeable volatility, Tuesday’s market price hovered just above $84,000.

Karline Leavitt was the White House’s Press Secretary during a press briefing The following are some of the ways to get in touch with each other Members of Trump’s Cabinet are working to cut “these good trade deals” with 15 countries.

Bitcoin’s price was trading at around $84,300 in the recent past, a drop of 0.6% from yesterday, says crypto data provider CoinGecko. Ethereum Dropped 1.8% to $ 1,600 SolanaSixth largest digital asset in terms of market value fell by 1.6% and now stands at $128.

The calm on Wall Street mirrored the trading. The S&P 500 fell 0.02%, the tech-heavy Nasdaq advanced 0.07%, and the Dow sank 0.2%, according to Yahoo Finance.

Trump announced “reciprocal tariffs” against more than 180 countries this month, but his attempts to reform international trade are now failing. Focus on China. Markets have been somewhat relieved since Trump cut tariffs from 25% to 10% on most countries. But questions remain as to how Trump’s new tariffs will affect the U.S. market.

Despite the Consumer Price Index, economists worry that Trump’s new tariffs may increase consumer costs and impede economic growth. Arriving Last week the temperature was lower than expected by economists, with a 2,4% rise in 12 months to March.

Yardeni Research analysts believe that Trump’s tariffs are more likely to be the second half of stagflation. They wrote in a note on Tuesday that the “consensus expectation may overestimate the inflationary impacts and underestimate the downside risks to the growth.” Thus, the two could be counterbalanced.

Investors in the cryptosphere gained new insights into the ways that the U.S. Strategic Bitcoin Reserve can be bolstered by new purchases. Bo Hines was interviewed on a podcast by the Executive Director of the Presidential Council of Advisers Digital Assets. The following are some of the ways to get in touch with each other The money might come from the tariffs.

The rollout of Trump’s Bitcoin reserve stoked excitement earlier this year, but after his recent  trade zigzags, it’s been nearly a month since Bitcoin traded above $90,000.

Investors want to see how Trump’s tariffs might affect interest rate policy at the Federal Reserve after Planning There were two reductions last month. Raphael Bostic was the Federal Reserve Bank of Atlanta’s president on Monday. The following are some of the ways to get in touch with each other It’s too soon to say.

He said, “I believe the fog is thicker than ever.” The economy has hit a pause. […] and we'll just have to see sort of how things evolve.”

James Rubin is the editor

Lesley John

John Lesley, known as LeadZevs, is a seasoned trader with extensive expertise in technical analysis and cryptocurrency market forecasting. With over 14 years of experience across diverse markets and assets, including currencies, indices, and commodities, John has established himself as a leading voice in the trading community.

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