FameEX Morning Crypto News Recap | April 8, 2025
2025-04-08 01:57:34Trump Stands Firm on Tariff Strategy
On April 7, Trump reiterated his strong backing of tariff policy on social media, urging decisive action on overdue trade measures. He emphasized the importance of strength, courage, and patience, while cautioning against weakness or foolishness. Trump asserted that such determination would lead the United States to achieve greatness.
Trump Claims International Talks Underway to Establish Standards With U.S.
On April 7, Trump stated that countries are collaborating with the U.S. to create fair, rigorous global standards.
U.S. House Backs Trump’s for Global Tariff System
House Speaker Johnson confirmed support for Trump’s global tariff policy, despite calls from some Republicans to cancel tariffs. He emphasized the House’s backing and pledged to grant Trump policy flexibility. Johnson also stated he would closely monitor the situation as it unfolds, allowing room for future adjustments if needed.
CBOE Set to Debut FTSE Bitcoin Index Futures April 28
CBOE will launch Cboe FTSE Bitcoin Index futures on April 28, expanding its Bitcoin derivatives lineup and enhancing its position in the cryptocurrency trading sector.
Fed’s Goolsbee: Strong U.S. Economic Data, Lingering Uncertainty
On April 8, Fed’s Goolsbee acknowledged strong U.S. economic data but cautioned about ongoing uncertainties. Policymakers worry that escalating tariffs and retaliatory actions could disrupt supply chains and increase inflation, heightening concerns about the economy despite its current solid performance.
BlackRock CEO: Market Could Fall 20%, But Long-Term Outlook Remains Bullish
BlackRock CEO Larry Fink sees a possible 20% market drop ahead but views it as a long-term buying chance. He earlier called market volatility an investment opportunity and suggested Bitcoin could potentially emerge as the next global reserve currency.
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