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Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation Fears
Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes
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Bitcoin Rebounds Strongly, Whale Buying Fuels Renewed Hope in Crypto Market
Bitcoin Rebounds Strongly, Whale Buying Fuels Renewed Hope in Crypto MarketThe cryptocurrency market has staged a strong rebound over the past 24 hours, with Bitcoin (BTC) surging nearly 5% and pushing the total market capitalization above $2.4 trillion