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1Bitget Daily Digest (May 7)｜New Hampshire Passes Strategic Bitcoin Reserve Bill; FOMC Decision & Powell’s Speech May Act as Catalysts2Bitcoin hits $97K as China injects $138B and Fed ramps bond purchases3SUI Cryptocurrency Surpasses Expectations and Challenges Cardano in Layer 1 Blockchain Competition
Is SUI’s Current Downtrend a Golden Opportunity to Accumulate? This Fractal Says Yes!
CoinsProbe·2025/04/07 15:15
Avalanche (AVAX) Mirrors a Past Bullish Setup – Is This Final Dip Before the Liftoff?
CoinsProbe·2025/04/07 15:15
SPX6900 (SPX) in Green Despite Market Turbulence – Is a Strong Rebound Coming?
CoinsProbe·2025/04/07 15:15
SEC to Reevaluate Howey Test Application to Cryptocurrencies
Coinspaidmedia·2025/04/07 15:11
Crypto Market Cap Drops Over 10% in 24 Hours
Coinspaidmedia·2025/04/07 15:11
PayPal Adds SOL and LINK to Supported Cryptocurrencies List
Coinspaidmedia·2025/04/07 15:11
Ethereum whale loses over $100 million as price tumbles double digits
Cryptobriefing·2025/04/07 14:55
Market Turmoil: Investors Scrutinize Key Support Levels in Cryptocurrency
In Brief Price fluctuations increase concerns among cryptocurrency traders. Technical indicators show significant pressure on XRP, ADA, and DOGE. Global economic uncertainties further complicate the cryptocurrency market situation.
Cointurk·2025/04/07 14:22
Investors Face Challenges as Pi Network Struggles to Maintain Value
In Brief Pi coin faces significant pressure from recent market sell-offs. Major investors' exit contributes to a dramatic decline in trading volume. Experts warn of a potential drop in Pi coin's value to $0.30.
Cointurk·2025/04/07 14:22
Bitcoin, Ethereum, Solana plunge on Monday as Trump Tariff War goes on
Cryptotimes·2025/04/07 13:00
Flash
- 20:57US Treasury Secretary Refuses to Disclose Which Countries the US Will Reach Trade Agreements With This WeekOn May 7th, U.S. Treasury Secretary Besent refused to disclose which countries the U.S. might reach trade agreements with this week, stating that it would harm U.S. interests.
- 20:56Powell: Never Requested to Meet with the President, Never WillFederal Reserve Chairman Powell: I have never requested to meet with the President, and I never will.
- 20:53Analyst: Tight Monetary Policy Will Weigh on U.S. Economic OutlookAccording to Jin10, SignatureFD analyst Tony Welch stated that the decline in U.S. Treasury yields after the Federal Reserve meeting may indicate that investors are concerned about the impact of tight monetary policy on the economy. The economy is currently slowing down, and implementing a tighter monetary policy for a longer period will certainly be a disadvantage. Trump's tariffs are influencing the Federal Reserve's thinking, as the FOMC statement mentioned trade "right from the start." Powell will use the word "uncertainty" multiple times during the press conference.