BITPRISMIA
Bitcoin's uptrend remains resilient despite a brief pullback triggered by higher-than-expected U.S. Producer Price Index (PPI) data, which caused temporary market volatility.
Brazil announces financial aid to mitigate the impact of U.S. tariffs but refrains from reciprocal measures to avoid escalating trade tensions, while rejecting U.S. intervention in domestic policies.
The U.S. Producer Price Index (PPI) rose unexpectedly by 0.9% in July, exceeding forecasts and signaling potential future inflationary pressures, which could influence Federal Reserve policies and market dynamics.
U.S. Treasury Secretary Scott Bessent suggests a cautious start to Federal Reserve rate cuts with a potential acceleration, highlighting implications for the economy and markets.
The U.S. tariff revenue surged by over 300% in July, reaching a record $29.6 billion, while the deficit widened to $291 billion, creating a favorable environment for alternative assets like gold and Bitcoin.
Stablecoins and decentralized finance (DeFi) have the potential to significantly reduce financial costs and economic friction globally, with experts estimating up to $1 trillion in unlocked economic value annually.
Crypto retirement plans offer potential growth but pose significant risks during economic downturns, requiring cautious management and diversification to protect long-term savings.
Atlanta Fed President Raphael Bostic projects a single Fed rate cut in 2025, emphasizing a cautious, data-dependent approach to monetary policy, contingent on a stable labor market.
The article discusses the significance of the Federal Reserve Chair role, the potential candidates for the position, and the impact their decisions will have on the global economy.
Bank of America forecasts a bearish trend for the US Dollar, driven by payroll revisions indicating a weaker US labor market, which could impact trade, investments, and global markets.