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The US-Iran ceasefire's instability highlights crypto's dual role as a geopolitical hedge and a sanctions evasion tool, intensifying regulatory focus. The post Trump says US-Iran ceasefire is on ‘massive life support,’ and crypto markets are feeling the pressure appeared first on Crypto Briefing.
The post Gold Price Forecast: XAU/USD slides to $4,700 ahead of US CPI data appeared on BitcoinEthereumNews.com. Gold (XAU/USD) shows moderate losses on Tuesday, trading a few pips below the $4,700 level at the time of writing after failing to find acceptance above $4,770 earlier on the day. The precious metal remains within previous ranges, but the risk has shifted to the downside as concerns about the US-Iran ceasefire and investors’ cautiousness ahead of the US Consumer Price Index (CPI) release are buoying the US Dollar (USD). US President Donald Trump warned earlier on Tuesday that the ceasefire is on “life support,” and CNN, citing some of his aides, has reported that the president would be seriously considering resuming combat operations. On the macroeconomic front, all eyes are on the US CPI release, due later on Tuesday. Consumer inflation is expected to have surged to a 3.7% annual rate in April, its highest level since September 2023, amid the energy shock from Iran’s war. I
The post Swiss Franc weakens as SNB resists strength, US CPI eyed appeared on BitcoinEthereumNews.com. USD/CHF trades around 0.7815 on Tuesday at the time of writing, up 0.46% on the day, supported by renewed demand for the US Dollar (USD) amid fresh geopolitical tensions in the Middle East. Market sentiment deteriorates after comments from United States (US) President Donald Trump stating that the US-Iran ceasefire is on “life support.” According to CNN, several members of his administration are now reportedly considering a resumption of major military operations more seriously. This backdrop revives safe-haven flows and supports the Greenback. The US Dollar Index (DXY), which measures the US Dollar’s performance against a basket of six major currencies, rises toward 98.30, also supported by increasingly hawkish expectations regarding the Federal Reserve’s (Fed) monetary policy. Investors are now awaiting the release of the US Consumer Price Index (CPI) for April. Consensus expects an
The post Fed Rate Cut Odds Fall as Senate Advances Kevin Warsh, Will Bitcoin & Gold Crash Again? appeared on BitcoinEthereumNews.com. Fed rate cut odds plunge as the US Senate advances President Trump’s nominee Kevin Warsh closer to confirmation as the next Fed Chair. Bitcoin and gold erase gains as Warsh could replace Jerome Powell following final confirmation votes this week. Meanwhile, inflation is rising amid elevated oil prices as Trump said the US-Iran ceasefire is on “massive life support” after dismissing Iran’s peace proposal, fueling concerns that the Strait of Hormuz may stay shut for an extended period. US Senate Confirms Kevin Warsh as Fed Governor, Fed Rate Cut Odds Dip The US Senate voted 49-44 to invoke cloture on Kevin Warsh’s nomination to serve as a member of the Board of Governors of the Federal Reserve System. He will remain a governor for a term of 14 years from February 2026. The Senate is expected to hold final confirmation votes this week, with Republicans’ maj
