The slowdown in AI research funding under Trump's leadership risks stifling innovation, weakening the U.S.'s competitive edge in the global AI race.
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Rising oil prices strain India's economy, impacting currency stability, inflation, and market valuations, highlighting geopolitical vulnerabilities.
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Geopolitical tensions heighten oil market volatility, potentially driving prices to new highs and impacting global economic stability.
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The post Gold declines as Trump ends Iran deal, markets eye Fed minutes appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) trades around $4,050 on Wednesday, down 1.40% on the day at the time of writing, as investors favor the US Dollar (USD) following a fresh deterioration in tensions between the United States (US) and Iran. The precious metal remains under pressure despite the increasingly fragile geopolitical backdrop, as markets expect that persistently higher energy prices could keep US monetary policy restrictive. Market sentiment deteriorated after US President Donald Trump said that the memorandum of understanding aimed at ending the conflict with Iran was now “over.” Trump also stated that he no longer wanted to deal with Iran, while announcing trade measures against Spain and renewing his criticism of the North Atlantic Treaty Organization (NATO). These remarks supported the US Dollar, while Oil prices advanced amid rising concerns over global supply disruptions. Tensions es
The post Crypto Market Selloff: $450M Liquidations In Bitcoin, ETH, XRP As Trump Says Iran MoU Is “Over” appeared on BitcoinEthereumNews.com.
The cryptocurrency market experienced a sharp selloff on Wednesday after tensions over geopolitical matters escalated. The uncertainty comes as U.S. President Donald Trump said that the memorandum of understanding with Iran is now “over.” With this, Bitcoin fell below the $62,000 mark, leading the crypto market downturn. This causing nearly $450 million worth of leveraged liquidations in the market. Crypto Market Liquidations Surge Amid US-Iran War Data from CoinGlass shows that over the last 24 hours, 145,221 traders were liquidated, totaling $449.63 million in liquidations. The losses at $343.43 million were mainly on the long side with $106.20 million being on the short side. Binance had the largest liquidation, with a $7.24 million ETHUSDT position being liquidated. The most liquidated cryptocurrencies were Bitcoin with $99.90 million and Eth
The renewed conflict may destabilize global markets, impacting energy prices and inflation, with potential ripple effects on central bank policies.
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Rising geopolitical tensions may disrupt global oil supply, potentially driving prices higher and impacting economic stability worldwide.
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The post Silver Price Forecast: XAG/USD falls toward $58.00 as Trump declares Iran truce “finished” appeared on BitcoinEthereumNews.com.
Silver price (XAG/USD) extends its losses for the third consecutive day, trading around $58.30 per troy ounce during the European hours on Wednesday. The non-yielding white metal struggled as renewed Middle East escalations threatened the interim United States (US)-Iran peace deal. The conflict drove oil prices higher, stoking fresh inflation fears and raising the prospect of higher interest rates, which further weighed on the non-interest-bearing asset. The tentative ceasefire between the US and Iran has officially collapsed after US President Donald Trump declared the truce finished during the annual NATO summit in Ankara. Sitting alongside NATO Secretary General Mark Rutte, Trump stated that he considers the agreement over, calling it “just a waste of time” and raising the immediate prospect of renewed military conflict between the two nations. The
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The post Crypto Market Today: BTC, ETH Tumble After Trump Says Iran Ceasefire Is Over appeared first on Coinpedia Fintech News Crypto market today turned sharply lower within minutes as panic selling swept through digital assets following a major geopolitical escalation. Bitcoin price and Ethereum price each dropped nearly 2%, while the broader crypto market erased billions in value after U.S. President Donald Trump declared the Iran ceasefire was “over.” The unexpected remarks reignited fears of … Source: https://coinpedia.org/price-analysis/crypto-market-today-btc-eth-tumble-after-trump-says-iran-ceasefire-is-over/