Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge On April 15, 2025, Bitcoin (BTC) experienced a notable decline, dropping to $83,600. This downturn coincided with Nvidia’s announcement of a substantial $5.5 billion charge, which unsettled investors and reverberated across the cryptocurrency market. Market Reaction to Nvidia’s Financial Disclosure Nvidia’s unexpected financial charge raised concerns about the broader tech sector’s health, ...
Fed’s Stagflation Warning Impacts Crypto Markets On April 16, 2025, the cryptocurrency market experienced a notable downturn following Federal Reserve Chair Jerome Powell’s remarks about potential stagflation. Bitcoin’s price fell to $83,700, reflecting a 1.5% decrease over 24 hours, as investors reacted to concerns about inflation and slowed economic growth. Stagflation Concerns Emerge In a speech addressing the economic implications ...
Gold Price Surge Hits $3,385 Amid Trade Tensions The gold price surge continued on April 21, 2025, as gold hit a record high of $3,385 per ounce. This milestone came amid a weakening U.S. dollar and renewed global trade tensions. Investors are increasingly turning to gold as a safe-haven asset, signaling market uncertainty and shifting investment strategies. Gold Price Increase ...