Bitcoin Surges as U.S. Stocks Rise Amid Tariff Relief
U.S. stocks closed higher on Monday,with Bitcoin crossing the $85,000 mark. The cryptocurrency has seen a 7% increase in the last seven days.
Investor confidence got a boost when President Donald Trump announced tariff exemptions for tech products like smartphones and computers. This move relieved market tensions, especially benefiting tech giants. Apple’s stock rose after KeyBanc Capital Markets upgraded its rating,citing the tariff relief as a positive sign.
Stephanie Guild from Robinhood shared her thoughts on CNBC. She mentioned that her firm has been investing cautiously. “We’ve been putting some funds into the market recently,” she said. “But we’re still being careful, focusing on diversification. It’s good too have a safety net, which is now confirmed.”
Apple’s stock climbed following the tariff news. Analysts at KeyBanc Capital Markets upgraded Apple’s stock rating, saying the worst-case tariff scenario is off the table for now.The CBOE Volatility Index (VIX) dropped over six points, signaling reduced market anxiety. U.S. Treasuries also saw a slight dip, which is usually good for stocks. Bitcoin’s price action reflects this optimism, staying above $84,000 with strong support at this level. The crypto market remained steady despite Mantra’s 90% plunge.Its CEO blamed forced exchange liquidations, but some suspect insider trading and fraud.
Key factors driving this rally include the tariff exemptions. the tech sector, in particular, felt the positive impact. The VIX, a fear gauge, fell, showing investors are less worried. Tariffs were a major concern, but the exemption news eased fears.
Mantra’s crash didn’t shake the crypto space. The broader market showed resilience.Guild explained that diversification is key. “we’re spreading our bets, not just away from the dollar but also balancing low-risk and growth stocks.”
Apple’s stock climbed after the tariff relief. The company’s shares gained as the tariff threat lessened. The VIX, a market fear index, fell, supporting stocks. Tariffs were a big worry, but the exemption news calmed nerves. Guild advised a balanced approach,suggesting a mix of stable and growth stocks.
Despite Mantra’s troubles, the crypto market held up well. Tariffs were a meaningful concern, but the exemption news brought relief. The VIX’s decline and Treasury yields’ drop point to a bullish mood. Tariffs were a big worry,but the exemption announcement helped. Tariffs could have hurt tech companies, but the exemption reduced that risk.
Mantra’s crash didn’t affect Bitcoin. The crypto’s price stability shows its growing maturity. The market’s resilience is a positive sign.Tariffs were a major concern, but the exemption calmed investors. The VIX’s fall and Treasury yields’ drop indicate a positive shift. Tariffs were a big worry, but the exemption announcement eased those fears. Guild highlighted the importance of diversification. She stressed the need to spread investments across different assets,including cryptocurrencies.
Mantra’s crash didn’t drag down Bitcoin. The crypto’s price action suggests it’s becoming more stable. The VIX’s drop and Treasury yields’ fall signal a bullish trend. Guild noted the importance of a diversified portfolio. She advised not putting all eggs in one basket. Tariffs were a big risk, but the exemption news brought relief. Guild suggested including crypto in portfolios for now.
Mantra’s crash didn’t impact Bitcoin.The VIX’s fall and Treasury yields’ decline show a bullish outlook. Guild recommended a balanced strategy.Tariffs were a big risk,but the exemption news lifted spirits. She advised mixing low-risk and growth stocks for safety.
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