- Secretary Yellen conveys trade optimism amid market anticipation.
- Investment destination goal to drive risk asset gains.
- Institutional inflows into Bitcoin signal renewal in market confidence.
U.S. Treasury Secretary Janet Yellen spoke on May 13, expressing optimism about U.S. trade and positioning the country as a leading investment destination.
Her remarks potentially influence markets, reinforcing investor confidence in trade stability and supporting macroeconomic growth.
Yellen’s Trade Optimism Boosts U.S. Market Appeal
Yellen’s statement underscores reinforced dedication toward achieving frictionless trade and enhancing U.S. appeal as a top investment market. Her public remarks align with recent economic objectives of cementing the nation’s role globally.
Positive discussions are projected to unfold among major trading partners, potentially easing tariffs with China and the UK and fostering a market-supportive atmosphere. These moves are expected to bolster U.S. equities and risk assets, including cryptocurrencies.
Arthur Hayes previously highlighted Yellen’s influence, stating, “The Treasury can inject a massive liquidity injection” through tactical financial maneuvers.
Investors keenly watch for such actions, which could further impact crypto markets positively.
Bitcoin Soars Amid Renewed Institutional Confidence
Did you know? Historically, positive trade policy announcements have increased market confidence and capital inflows into risk assets, a recurring trend under Treasury leader Janet Yellen.
According to CoinMarketCap, Bitcoin (BTC) currently stands at $102,519.75, showcasing an 8.55% gain over the past 7 days. With a market cap of 2.04 trillion and dominance at 61.90%, BTC experiences increased holder-driven inflows, reflecting renewed confidence. Trading volume in the last 24 hours hit $64 billion, despite a 1.77% price drop.
The Coincu research team anticipates that sustained positive policy signals could result in increased crypto asset allocations by institutions. As macroeconomic conditions stabilize, further institutional capital is likely to channel into Bitcoin, driven by enhanced risk appetite and strategic portfolio adjustments.
Source: https://coincu.com/337337-yellen-us-trade-optimism/