ChainCatcher reports that Federal Reserve Board Member Mullan stated that the outlook for U.S. finances is improving and economic growth is performing well, which consolidates the dollar’s reserve status.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analysis: The crypto community's concerns that Iran's cutoff of oil supplies could disrupt the market may be exaggerated.
Despite concerns that Iran might block the Strait of Hormuz to impact oil supplies, experts believe this worry is exaggerated. A blockade would not align with Iran's interests, and geographical conditions limit its feasibility. Nevertheless, a full-scale war could still trigger market risk sentiment.
GateNews3h ago
Next week's macro outlook: US and Israel jointly ignite the "Middle East Powder Keg," Non-Farm Payrolls data to be released on Friday
The US-Iran conflict intensifies, and global markets face high uncertainty. Analysis indicates that Iran may choose to retaliate through indirect means, affecting global energy security. Important US macroeconomic data will be released next week, and the market should pay attention to changes in relevant indicators.
GateNews6h ago
Global M2 exploding – Bitcoin ready to absorb!
One of the most important macro trends right now is the steady expansion of global liquidity. Recent data shows that worldwide M2 money supply has surpassed $100 trillion, with central banks continuing to inject capital into their economies. Year-over-year growth remains strong, signaling ongoing mo
Coinfomania6h ago
Citrini AI reports warn of an economic collapse? Bitcoin and stablecoins become safe havens, institutions bet on a new payment system
Citrini's AI outlook report has attracted market attention, warning that mature AI technology could replace a large number of white-collar jobs, impacting consumption and the economy. Bitcoin and stablecoins have become focal points, with analysts believing that Bitcoin prices are supported when liquidity increases. Stablecoins may play an important role in AI trading, and the market may reevaluate the value of Bitcoin and stablecoins in the future.
GateNews12h ago
Bitcoin drops back to $65,000! PPI exceeds expectations and Nvidia's sharp decline drag down, Solana, XRP, and Dogecoin all pull back collectively
Bitcoin retreated due to the US PPI exceeding expectations and Nvidia's stock price declining, falling to $65,735, a weekly decrease of 2.8%. Altcoins such as Solana and Ethereum experienced even larger drops. Despite strong Bitcoin ETF fund inflows, the overall market remains under pressure, with attention on price range support and the potential for a future rebound.
GateNews14h ago
Bitcoin and gold trends diverge; cooling speculative sentiment is the root of the disagreement
Since the beginning of 2024, gold prices have increased by 153%, while Bitcoin has fallen by about 30%. This gap is due to the cooling of Bitcoin speculative sentiment, which is related to tech stocks, whereas gold is closely linked to the growth of the global M2 money supply. The crypto market's demand for gold has risen, with Binance gold futures trading volume surging, indicating that investors are shifting funds into traditional hard assets.
MarketWhisper14h ago
