All articles tagged with #macroeconomics
U.S. stocks fell, with SPY and QQQ closing at year-to-date lows as Iran-related tensions persist; energy led gains on higher oil prices while consumer discretionary names declined amid rising inflation expectations. China launched two retaliatory trade probes against the U.S., Netflix hiked prices across tiers, and investors weighed ongoing geopolitical risk alongside sector rotations in a cautious mood.
Bitcoin slid to about $63,800—roughly 50% below its October peak—as a confluence of macro shocks (tariff hikes, higher-for-longer rate expectations, and leverage) weighed on risk assets. Analysts say the move reflects macro pressures rather than a fundamental breakdown of Bitcoin’s four-year cycle; a fall toward $55k isn’t ruled out, but many expect stabilization in the mid-$60k range and a gradual recovery as demand returns and ETF outflows wane. Near-term liquidity stress also produced large crypto liquidations, with over $500M in outsized positions wiped out across markets.
Bitcoin dropped below $65,000 as macro headlines and risk-off sentiment hit crypto markets, with hundreds of millions of dollars in long positions liquidated in an hour and Ether, XRP, and Solana also sliding; analysts say the move reflects broad risk-off dynamics driven by geopolitical jitters, weak U.S. data, and ETF outflows, with traders watching for a support level around $60–66k and potential catalysts for a rebound.
Stanley Fischer, a renowned macroeconomist and influential policy maker who served as vice chairman of the US Federal Reserve and governor of the Bank of Israel, has died at 81. He was a mentor to many leading economists, authored influential textbooks, and played key roles in global economic crises and policy decisions worldwide.