- US markets reach new highs; asset managers bullish.
- 4% chance of Fed rate cut in July.
- Bitcoin moves with macroeconomic headlines, rising 0.97% in the last week.
Focus shifted heavily to the US market this past week. Major indexes hit record highs, driven by the spirit of optimism surrounding trade talks and potential Federal Reserve decisions.
Asset managers have shown increasing bullishness, raising concerns of potential over-concentration, leading to possible volatility with upcoming key events. Market speculation centers on the Federal Reserve with the release of their monetary policy minutes and speeches from important figures like St. Louis Fed President Moussalem.
US Stock Indexes Set New Records as Optimism Grows
Former President Trump’s tariff policy is also in the spotlight due to a looming deadline. Analysts stress that this tendency may amplify market reactions, particularly if expectations around tariffs or rate cuts shift abruptly.
Bitcoin climbs amid economic data and policy signals.
Federal Reserve Official, St. Louis Fed President Moussalem, “All eyes are on the upcoming Fed minutes and our speeches; they’ll provide critical insight into future rate policies.“
Bitcoin Climbs Amid Economic Data and Policy Signals
Did you know? The historical pattern shows periods of exuberant sentiment leading up to central bank announcements often trigger significant equity and crypto market shifts.
Bitcoin, currently valued at $108,190.81, has seen a minor 0.97% rise over the past week. With a market cap of roughly $2.15 trillion, it holds a market dominance of 64.66%. The past 90 days marked a remarkable 31.33% rise, according to CoinMarketCap data. The Coincu research team notes a potential for market recalibrations should economic data shifts lead to unexpected rate changes, impacting financial markets significantly. Focus is now on macroeconomic data and policy signals, likely shaping future asset valuations and investor strategies.
The Coincu research team notes a potential for market recalibrations should economic data shifts lead to unexpected rate changes, impacting financial markets significantly.
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Source: https://coincu.com/346972-bitcoin-gains-us-stock-market-surge/