Browsing: inflation
Robert Kiyosaki calls Bitcoin’s latest price crash a chance to buy, blaming economic instability on rising U.S. debt and urging investors to shift to Bitcoin, gold, and silver.
Bitcoin surged past $96,000 as Fed’s Raphael Bostic signaled rate cuts in 2025, boosting investor optimism and driving expectations of a shift in U.S. monetary policy.
Bitcoin slipped 0.8% to $96,197 on Monday, extending its 7.3% decline since Trump’s inauguration as investors watch for U.S. policy shifts and Federal Reserve decisions.
Bitcoin plunged 5 percent, losing $5,000 per token, as $130M liquidated in long positions. Traders now focus on Fed decisions, GDP data, and inflation indicators.
Cryptocurrency markets saw $483 million liquidated as economic signals raised doubts about rate cuts, sending Bitcoin down 5% and tech stocks like Nvidia tumbling.
Amid a weakening dollar and rising expectations of a Fed rate cut, gold prices reached a record high of $2,500.99 per ounce, signaling strong market confidence.
In a challenging week for cryptocurrencies, Bitcoin drops sharply to $60,000, reflecting widespread market anxieties.
ECB’s June rate cut puts it ahead of the U.S. Federal Reserve, which continues to grapple with inflation challenges in the U.S.