
Phyrex|Apr 21, 2025 15:45
Although we still don't know the logic of BTC's independent rise, the logic of the decline of the US stock market is quite clear. One is pessimistic about economic expectations, the other is the conflict between the US political and economic management. Today Trump once again sent an article criticizing Powell, thinking that Powell is always too late, completely forgetting that he personally praised the Federal Reserve for not cutting interest rates in January.
March actively praised the Federal Reserve for not cutting interest rates early, and now they are saying that Powell is too late and that the United States should lower interest rates to prevent expectations of economic weakness caused by tariffs. Uncertainty is what everyone fears the most. As of now, the S&P 500 has fallen by 2.74%, while Bitcoin and gold continue to rise, and trading volume is also increasing.
The 10-year, 20-year, and 30-year US Treasury bonds have all risen by over 1%. Maybe I'm wrong, but I won't do too much in this position, which doesn't quite match my understanding.
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