U.S. Consumer Sentiment Craters in First Post-Tariff Read, but Crypto Is Holding Up
Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
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Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
Total digital asset AUM rose to more than $50 billion, a large number but a relatively minor proportion of BlackRock’s more than $10 trillion under management.
DOGE shows remarkable resilience amid global economic tensions, with technical indicators pointing to continued upward momentum.
The president earlier Wednesday announced a pause in his punitive reciprocal tariffs for all countries except China.
The bitcoin lending market will get much more competitive in coming years, and that’s good for consumers.
The asset manager said it was sticking to its 2025 year-end bitcoin price target of $200,000.
Tariff fears revive market turmoil as borrowing costs soar.
Beijing responds to Washington’s steep tariff hike with equal force, intensifying trade tensions and shaking global markets.
“We expect crypto markets to dip once US markets open,” one trader said.
The tariff-sensitive currency has rebounded nearly 100 pips from the Asian session low, suggesting a potential nadir in the selling of risk assets.