Bitcoin recoups $100K as the risk mood continues to improve
globalreutersFebruary 3, 20251 Mins read It’s been a rough day in the crypto market with alts getting smashed but bitcoin maxis can take some solace in the rebound. After falling as low as $91,441 bitcoin has clawed its way back to $100,000 as the risk mood has improved.
The big improvement came after Mexico and the US paused tariffs for a month. That momentum has continued even with a deal on Canadian tariffs less certain.
The Nasdaq has trimmed its decline to just 0.4% after falling more than 2% in the overnight lows. The S&P 500 is down just 24 points.
The big question: Does Trump care more about the stock market or trade deficits?
This article was written by Adam Button at www.forexlive.com.
Recent Posts
Categories
Related Articles
Bullard – inflation will slow markedly this year, allowing lower Fed interest rates
Former St. Louis Federal President James Bullard spoke with Dow Jones /...
Bank of Japan Governor Ueda will be speaking in the Japanese parliament today
Bank of Japan Governor Ueda will be speaking in the Japanese parliament...
Paul Tudor Jones warned Trump that “there’s no room for mistakes”, markets on shaky ground
Paul Tudor Jones spoke on CNBC. In brief:There’s so many moving partsThere’s...
Trump is planning a US sovereign wealth fund
In brief:Trump signed an executive order to begin developing a U.S. government-owned...
Leave a comment