News

Will Bitcoin Crash in 2025?

With the prices of Bitcoin (CRYPTO: BTC) already down by 22% from their all-time high of $109,358 (reached on Trump's inauguration day, Jan. 20), buying these assets at the wrong time could expose your portfolio to tremendous volatility. Bitcoin's latest rally is demonstrably linked to the Trump Administration. Despite falling sharply from all-time highs, prices for the digital currency are still up by more than double since President Trump's election victory on Nov. 5.

Morning bid: Markets soar as Powell brings back 'transitory'

Wall Street rallied sharply and Treasury yields fell on Wednesday as investors bet that the Federal Reserve will look through rising price pressures and continue cutting interest rates this year, after new projections showed that officials now expect lower growth and higher inflation. While the median projection of two more rate cuts this year is still policymakers' base case, the underlying 'dot plot' forecasts shifted up closer towards only one. Investors ignored that, however.