Recently, under the influence of good US CPI data and the increasingly relaxed global geopolitical environment, the stock market and cryptocurrency market have rebounded strongly after a round of sharp declines. Data shows that the cryptocurrency market has risen by about 1%, and the price of Bitcoin has stabilized at more than $83,000. At the same time, major US stock indexes have also recorded an upward trend, reflecting the market’s cautious optimism about the global economic outlook.
Since then, US President Trump has reiterated that he has strong confidence in the resilience of the US economy. Although the outside world has been questioning the risks that his tariff 2.0 policy will bring to the US economy, Trump still believes that his government has the ability to lead the country through this uncertain period. He said: “The market will start to take off after seeing what is happening, and the United States will be greater than ever before!”
In an interview with the media, Trump mentioned his recent attendance at the “Business Roundtable” and regarded it as a symbol of the business community’s trust in his government. He pointed out that executives from 150 large companies gathered together, and the scene was unprecedented. “These are CEOs and chairmen, leaders of the top 150 companies in the United States. Every one of them was here, and this is the first time this has happened,” he said.
Trump also reiterated his commitment to tax cuts and a lighter regulatory environment, both of which are at the heart of his economic strategy. He said these measures would be more effective if bipartisan cooperation could be achieved. He also criticized the Democratic Party, saying it had “lost its way” and called on them to “do something good for the country this time.”
So far, the total market value of the cryptocurrency market has stabilized at around $2.68 trillion, and the 10-year U.S. Treasury yield has risen slightly to 4.305%. As the crypto market generally expects the Federal Reserve to cut interest rates in June, investors have remained slightly cautiously optimistic.
