The price of Bitcoin has been under pressure for several consecutive days, with bearish factors involving the USA Department of Justice and Musk.
① Concerns regarding the USA government's handling of the involved Bitcoin have once again triggered short-term price fluctuations; ② Musk commented this week that if the dollar inflation problem is resolved, then the dollar price of Cryptos should fall. ③ The ongoing expectation of tightening dollar liquidity is also putting pressure on alternative Assets.
The outlook for Trump's policies is uncertain, the Federal Reserve is cautious, and this year the voting committee unanimously supports gradual interest rate cuts.
This year, the voting member and President of the Boston Federal Reserve, Collins, stated that the economic outlook is very uncertain, and requires a gradual and patient approach to interest rate cuts, expecting the number of cuts this year to be reduced to two from previous expectations; another voting member this year, President of the Kansas City Federal Reserve, Schmidt, stated that if economic data improves, it supports gradual rate cuts; the Federal Reserve is close to the neutral interest rate, nearly achieving the dual mandate of inflation and employment, and further balance sheet reduction is needed; the 2026 voting member, President of the Philadelphia Federal Reserve, Harker, stated support for further rate cuts this year, but the timing depends on the data, and action should be paused for now; the 2027 voting member, President of the Richmond Federal Reserve, Barkin, stated that it is the term premium, not inflation, that drives up long-term interest rates.
Elon Musk's Father Hints At Son's Interest In Liverpool, But Will Billionaire Bypass Manchester United For LeBron's Team?
Pharma Companies Welcome New Year With 583 Drug Price Hikes so Far
Bitcoin ETFs Quadruple SPY Returns, Magnificent 7 Plays Catch-Up
Peacock President Kelly Campbell Steps Down
U.S. Auto Industry Bracing for New Trade and Regulatory Landscape
Obesity Treatments, M&A Activity To Take Center Stage During Upcoming JPM Healthcare Conference
Google and Microsoft also expressed goodwill towards the incoming president! They donated 1 million dollars to Trump's inauguration Fund.
① Microsoft, Google, and other technology giants donated to Trump's inauguration fund, with Microsoft donating 1 million USD, and Google also announced donations and provided technical support; ② Technology companies are facing regulatory pressure from the Republican Party and are trying to improve their relationship with the Trump administration. Microsoft's CEO Nadella has met with Trump multiple times in hopes of promoting favorable AI policies.
What's Going On With Marvell Technology (MRVL) Stock?
Musk, Attorneys, Ask Judges to Auction off OpenAI Stake: Report
Delta Expands Premium Travel Experience With Uber, YouTube, and Joby Partnerships
Federal Trade Commission Sets Closed Door Meeting for Next Thursday
Wiz Names Merchant CFO as It Nears IPO Following Busy 2024
Euro Stocks Can Offer a Lesson in High Concentration for the U.S. – Goldman
Apple Announced iPhone 18 Years Ago Today, Changing The Smartphone Industry Forever. Here's How Much You'd Have Now If You Invested $1,000 Back Then
Quantum Stocks Regetti Computing, IonQ, D-Wave Poised To Open Higher After Nvidia CEO Comments Drove Huge Losses
Equities Are 'Priced for Perfection' and Vulnerable to a Correction – Goldman
Conservative Network Newsmax to Raise More Money Due to High Investor Demand Ahead of IPO
4 Communication Services Stocks With Whale Alerts In Today's Session