Swedish Lawmaker Suggests Bitcoin Be Included in National Reserves
A Swedish Member of Parliament has proposed incorporating Bitcoin into Sweden’s foreign exchange reserves, signaling a shift toward more openness to cryptocurrency within Europe, following similar actions taken by the United States. Rickard Nordin, a Swedish MP, wrote an open letter to Finance Minister Elisabeth Svantesson urging her to consider Bitcoin as part of the […]
Bitcoin Stays Above $82K as US Dollar Hits 3-Year Low and PPI Inflation Plunges
Bitcoin eyed higher price levels as the US inflation data for April 11 provided optimism for market bulls. Analyst: Lower-than-expected PPI is “positive” for the US trade conflict According to TradingView data, Bitcoin (BTC/USD) reached a high of $83,245 after the PPI data came in lower than expected. The PPI for March came in at […]
S&P 500 briefly experiences Bitcoin-like volatility amid Trump’s trade war
The S&P 500 Index saw a sharp surge in volatility, briefly matching Bitcoin’s notorious fluctuations, following US President Donald Trump’s tariff announcement on April 2. This highlighted the uncertainty and fear gripping traditional financial markets amid the ongoing trade conflict. Bloomberg analyst Eric Balchunas pointed out on X that the S&P 500’s volatility, tracked by […]