BREAKING POWELL: says

[CryptoLite]

POWELL SAYS TARIFFS' IMPACT ON INFLATION HAS BEEN LESS THAN THE FED EXPECTED.CUT THE RATES NOW.
“The increased downside risks to employment have shifted the balance of risks to achieving our goals.”

 

[vickysan]

Why is btc down then lol

 

[XHYPES]

His entire comment was bearish!

 

[Crytononame]

Why is btc down then lol

Because you can make more money on tech stocks and gold. So, investors are just reallocating their investments

 

[learnandearnwithseo]

Because you can make more money on tech stocks and gold. So, investors are just reallocating their investments

Tech is very uncertain with current restrictions. I am sure even big tech companies in USA will also feel pressure in coming result announcements.

 

[vickysan]

Tech is very uncertain with current restrictions. I am sure even big tech companies in USA will also feel pressure in coming result announcements.

Why do you think that? This is one on the best times for tech i think. Those guys have money and current US govt. is very influence-able.

 

[Crytononame]

Tech is very uncertain with current restrictions. I am sure even big tech companies in USA will also feel pressure in coming result announcements.

A $100 billion investment from Nvidia in OpenAI is a pretty certain figure, just like Trump's order regarding the TikTok purchase