- Financial markets showed positive signs early Monday due to reports suggesting the upcoming Trump tariffs, due on April 2, might be more measured than initially expected.
- Bitcoin traded at around $86,500, up 2.7% on a 24-hour basis, and Solana’s SOL token traded nearly 6% higher at $138.
- Key events to watch in the coming days include Friday’s PCE reading, the Fed’s preferred inflation gauge, and the Senate Banking Committee’s hearing with SEC nominee Paul Atkins and Comptroller of the Currency nominee Jonathan Gould on March 27.
(Coin Desk)—Financial markets gave risk-on vibes early Monday during Asia hours based on reports that the next round of Trump tariffs due on April 2 could be more measured than initially expected.
Bitcoin (BTC), the largest digital asset by market value, traded at around $86,500, up 2.7% on a 24-hour basis, with Solana’s SOL token trading nearly 6% higher at $138, according to CoinDesk data.
Payments-focused XRP was up 2.5% at $2.44, trading above its 50-day simple moving average (SMA) after two consecutive weeks of positive price action.
Futures tied to the S&P 500, Dow Jones Industrial Average, and Nasdaq rose over 0.5% on the day, while Wall Street’s fear gauge, the VIX index, slipped 2.5% to 18.88 points. Markets in China reversed early losses.
The sentiment improved as media reports over the weekend said President Donald Trump’s planned “reciprocal tariffs” expected April 2 could be more focused than the barrage occasionally threatened.
Some countries will be exempt, and existing levies on steel and other metals may not be cumulative, Bloomberg’s report said.
Trump’s tariffs roiled the market sentiment in February, sending both stocks and the crypto market lower. BTC fell nearly 17.6%, hitting lows under $80,000. Last week, the Federal Reserve revised its inflation forecasts higher while downgrading growth figures likely due to Trump’s aggressive trade policies.
The Fed, however, called the tariffs-led inflationary impulse transitory while retaining forecasts for two rate cuts this year in a dovish move for risk assets, including cryptocurrencies.
The Fed action, coupled with prospects of easing tariffs, has revived bullish sentiment in the market.
“I bet $BTC hits $110k before it retests $76.5k. Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so,” BitMEX co-founder Arthur Hayes, who is now chief investment officer at Maelstrom, said on X.
The other key factors to watch out for in the coming days are Friday’s PCE reading, the Fed’s preferred inflation gauge, and the appearance of the SEC nominee Paul Atkins and Comptroller of the Currency nominee Jonathan Gould before the Senate Banking Committee on March 27.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
