• Apr 22, 2025

Bitcoin rises back above $90,000 as investors flee volatile stocks and a falling dollar

Bitcoin prices have been on a tear lately, punching through the $90,000 mark for the first time in six weeks Tuesday. The cryptocurrency, which has been holding in a range of $75,000 to $90,000, will break out if it tops $90,000, wrote Larry Tentarelli, chief technical strategist for Blue Chip Daily Trend Report. Until recently, Bitcoin had been in a steady slide since Trump was inaugurated.

  • Apr 22, 2025

Gold soars to a new high as economic uncertainty deepens. Here's what to know

As economic uncertainty deepens worldwide, gold prices have notched more and more record highs. Gold's current rally arrives as U.S. President Donald Trump continues to announce new tariffs on economic allies and foes alike, roiling financial markets into volatility and threatening to reignite inflation for families and businesses alike. On Tuesday, the International Monetary Fund said that outlooks for economies worldwide, including the U.S., have significantly worsened in the wake of Trump's sweeping tariffs and the uncertainty they have created.

  • Apr 22, 2025

Gold's record run gains further traction; market conquers $3,500/oz

(Reuters) -Gold's remarkable run higher is reaching new heights, with the market touching $3,500 per ounce as confidence in the U.S. economy further erodes after President Donald Trump's renewed attack on the Federal Reserve chair. Spot gold was trading around $3,428 per ounce by 1417 GMT, after hitting a record $3,500.05 earlier in the session. Trump said on Monday the U.S. economy could slow down unless interest rates are lowered immediately, repeating his criticism of Fed Chair Jerome Powell as being slow to act and calling him a "major loser".