U.S. stocks rebounded as a spate of quarterly earnings reports helped investors look past President Donald Trump’s warnings of recession if the U.S. Federal Reserve does not cut interest rates, which sparked worries that the central bank could lose its essential autonomy.
US-based Bitcoin exchange-traded funds had their largest day of net inflows since late January, as crypto markets remained buoyant over the Easter weekend. The 11 Bitcoin-tracking funds saw a joint net inflow of $381.3 million on April 21, largest since January 30th.
The Bitcoin-Dollar pair skyrocketed 4.0% in the last session. The Stochastic indicator is giving a positive signal.
Support: 83811 | Resistance: 97569
The dollar tumbled to its lowest level in three years as investor confidence in the U.S. economy took another hit over President Donald Trump’s attacks on the Federal Reserve chairman, potentially putting the central bank’s independence under threat.
The Dollar-Yen pair fell 0.4% in the last session. The ROC is giving a positive signal.
Support: 139.25 | Resistance: 142.56
Gold surged above $3,400 to a record high on Monday, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion.
The Gold-Dollar pair exploded 2.1% in the last session. The ROC is giving a negative signal.
Support: 3286.4 | Resistance: 3535.1
Japanese investment firm Metaplanet increased its Bitcoin holdings to more than $400 million after its latest purchase. Metaplanet acquired 330 Bitcoin for $28.2 million at an average price of $85,605 per BTC, bringing its total holdings to $414 million.
The Bitcoin-Dollar pair skyrocketed 2.4% in the last session. The Stochastic-RSI is giving a positive signal.
Support: 81952 | Resistance: 92167
The S&P 500 ended higher, lifted by Eli Lilly and Apple, as investors weighed progress in U.S. trade negotiations with Japan against concerns about the interest rate outlook. Traders leaned toward optimism following Trump’s comments about “big progress” in the bilateral talks.
