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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6795.98
6795.98
6795.98
6810.45
6636.05
+55.96
+ 0.83%
--
DJI
Dow Jones Industrial Average
47740.79
47740.79
47740.79
47876.06
46615.52
+239.25
+ 0.50%
--
IXIC
NASDAQ Composite Index
22695.94
22695.94
22695.94
22741.03
22061.97
+308.27
+ 1.38%
--
USDX
US Dollar Index
98.580
98.580
98.660
98.890
98.540
-0.130
-0.13%
--
EURUSD
Euro / US Dollar
1.16432
1.16432
1.16439
1.16468
1.16068
+0.00071
+ 0.06%
--
GBPUSD
Pound Sterling / US Dollar
1.34627
1.34627
1.34634
1.34754
1.34132
+0.00212
+ 0.16%
--
XAUUSD
Gold / US Dollar
5167.85
5167.85
5168.26
5187.00
5117.59
+29.33
+ 0.57%
--
WTI
Light Sweet Crude Oil
85.497
85.497
85.527
89.142
82.471
+2.357
+ 2.83%
--
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SlowBear ⛅ 
FXBULLZ
5144
@FXBULLZWait we have not seen that yet or have we?
Kung Fu 
Kung Fu
@FXBULLZstop lying. It's at 5160
SlowBear ⛅
FXBULLZ
5122
@FXBULLZNow you have confused bro, 5122? i am out!
FXBULLZ 
Then he will have a good night's sleep.
Kung Fu
EuroTrader 
FXBULLZ
If you don't discuss your strategy with an expert, it's useless.
Kung Fu
FXBULLZ
A person who is familiar and trustworthy
SlowBear ⛅
marsgents 
Kung Fu
Kung Fu
EuroTrader
Kung Fu
@marsgentsyou can take a look. I'm trading in the range, while waiting for London
marsgents
EuroTrader
Kung Fu
marsgents
SlowBear ⛅
- All
- Russia-Ukraine Conflict
- Middle East Flashpoint
Bitcoin Faces Uncertainty As Market Watches U.S. Policy Developments
Summary:
Bitcoin Faces Uncertainty as Market Watches U.S. Policy Developments Bitcoin has experienced a sharp dip, slipping below the $95,000 mark and hovering...
Bitcoin has experienced a sharp dip, slipping below the $95,000 mark and hovering precariously around $94,000 — a level considered crucial for its short-term future. The recent descent in Bitcoin's price is partly attributed to remarks by former President Donald Trump on the Federal Reserve's future, stirring anxiety in the crypto markets.
Who Are the Contenders for Fed Chair?
The Federal Reserve is anticipated to announce its new Chair soon, a selection that Trump has alluded to. With two main contenders in sight, Trump's recent meeting with Kevin Warsh seems to have tipped the scales. However, Jared Hassett's once strong candidacy appears to be waning after Trump's latest remarks.
In his statement, Trump hinted at the possibility of assigning Hassett elsewhere, indicating,
"Hassett was good on TV, and I may want to keep him as the NEC Director. We will see how the review process for Hassett's potential appointment as the Fed Chair unfolds. Fed officials do not speak much. Hassett is good at speaking."
Will Altcoins Follow Bitcoin's Descent?
The current political dynamics and looming policy shifts are poised to render the cryptocurrency landscape more volatile. The influence of political leaders, like Trump, underscores the persistent vulnerability of digital assets to external policy maneuvers.
As Bitcoin wavers, altcoins face heightened risk due to their tendency to shadow Bitcoin's movements. A further descent in Bitcoin could precipitate significant losses across various altcoins, necessitating prudent behavior from those involved in crypto trading.
In light of these challenges, market participants are urged to be vigilant and stay informed. High-impact decisions from figures like Trump can incite swift and substantial market shifts.
Key takeaways include:
●Bitcoin's critical support level rests at $94,000.
●The market's reaction is closely tied to U.S. policy announcements.
●Investor sentiment remains fragile amid potential regulatory changes.
Navigating these uncertain terrains demands a thorough understanding and strategic foresight. Crypto enthusiasts must brace for fluctuations while keeping a keen eye on policy-related developments that could redefine market landscapes.
Source: CryptoSlate
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