Trump, Bitcoin and Stocks
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Bitcoin, cryptocurrency and All Time High
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As equities markets wobble in the face of a fresh tariff onslaught from US President Donald Trump, Bitcoin bulls are positioning for a fresh rally.
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Cryptopolitan on MSNDonald Trump Jr. bought 350,000 shares in Thumzup Media Corp. for over $4 millionDonald Trump Jr. has taken a $4.3 million leap into the crypto economy through a struggling social media startup called Thumzup Media Corp, based in Los Angeles, according to Bloomberg. On Wednesday,
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Bitcoin rallied to all-time highs on Thursday, powered by demand from institutional investors and friendly policies of U.S. President Donald Trump's administration. The world's largest cryptocurrency rose to a peak of $116,
But the latest stocks rally Wednesday highlights a key dilemma—are the market and the economy going to stay strong, or will Trump’s tariffs derail them?The answer will go a long way to determining if and when interest rates go lower—something Trump has made very clear he would like to see.
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NDTV Profit on MSNBitcoin Crosses Rs 1-Crore Mark As Crypto Record Run Continues Amid Tariff JittersBitcoin has crossed the Rs 1-crore mark as cryptocurrency's record run continues amid the global uncertainty triggered by US President Donald Trump's tariff policy. As of 5:13 p.m., Bitcoin, which is the largest traded cryptocurrency,
NEW YORK/SINGAPORE (Reuters) -Bitcoin rallied to an all-time high on Friday, powered by demand from institutional investors and crypto-friendly policies from U.S. President Donald Trump's administration.
Worries about U.S. tariffs may well have triggered the moves. Cryptos tend to move in tandem with tech stocks, and the Nasdaq 100 index closed 0.8% lower Monday after President Donald Trump posted several letters to world leaders threatening 25% to 40% levies from Aug. 1 if they don’t make a deal in the meantime.
Stocks moved lower in early trading Friday as investors digested the latest threats from President Donald Trump to impose hefty tariffs on U.S. trading partners.