FameEX Morning Crypto News Recap | April 8, 2025
2025-04-08 01:56:34Trump Reaffirms Tough Position on Tariff Policy
On April 7, Trump reaffirmed his strong support for tariff policy via social media, urging the U.S. to act decisively on long-overdue measures. He called for strength, courage, and patience, warning against weakness or foolishness, and claimed such resolve would ultimately lead to national greatness.
Trump: Countries Are in Talks With U.S. to Set Standards
On April 7, Trump said nations worldwide are working with the U.S. to establish rigorous but reasonable global standards.
House Endorses Trump’s Global Tariff Strategy
U.S. House Speaker Johnson affirmed support for Trump’s global tariff policy, despite some Republicans urging tariff cancellation. He emphasized the House’s backing and expressed willingness to give Trump policy flexibility, stating he would monitor the situation closely as it develops.
CBOE to Launch FTSE Bitcoin Index Futures on April 28
The CBOE will launch Cboe FTSE Bitcoin Index futures on April 28, expanding its Bitcoin derivatives offerings and strengthening its presence in the crypto market.
Fed’s Goolsbee: U.S. Economic Data Strong, but Uncertainty Persists
On April 8, Fed’s Goolsbee noted strong U.S. economic data but warned of lingering uncertainties. Policymakers are concerned that high tariffs and retaliation could disrupt supply chains and fuel inflation, adding to economic anxiety despite current performance.
BlackRock CEO Warns of 20% Market Drop, Sees Long-Term Buying Opportunity
BlackRock CEO Larry Fink warns of a potential 20% market drop but sees it as a long-term buying opportunity. He previously described market turmoil as a chance to invest and suggested that Bitcoin could eventually become the next global reserve currency.
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