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RE: FreshForex News - FreshForex - 10-23-2024
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![[Image: 12ef832acb5e6b7dfeb5073f55b5b433.png]](https://freshforex.com/netcat_files/Image/12ef832acb5e6b7dfeb5073f55b5b433.png)
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RE: FreshForex News - FreshForex - 11-08-2024
Bitcoin hits new all-time high amid U.S. elections!
![[Image: da17e9522d5f5abf3b5f0a8a929c9b0c.png]](https://freshforex.com/netcat_files/Image/da17e9522d5f5abf3b5f0a8a929c9b0c.png)
Bitcoin hits new all-time high amid U.S. elections!Yesterday, November 6, 2024, the U.S. presidential election results were announced, and the race was won by Donald Trump, a strong advocate for cryptocurrency! During his campaign, on September 18, 2024, the current U.S. leader made a bold move toward the digital asset community by treating supporters to burgers at PubKey in New York, paid for in Bitcoin. During the voting and after the results were announced, Bitcoin (BTCUSD) demonstrated a rapid surge.
Starting around $68,000, Bitcoin broke past $76,000, hitting a historical peak and posting an impressive 12% gain within just 24 hours!
![[Image: e9f60edfd254743ec81cc6ef4d5ee0e8.png]](https://freshforex.com/netcat_files/Image/e9f60edfd254743ec81cc6ef4d5ee0e8.png)
In addition to the support from the leader of one of the world’s top nations, cryptocurrency has plenty more cards up its sleeve. Key growth factors and expert insights:
- Institutional investor interest: Major corporations and institutional investors continue to increase their Bitcoin investments, supporting high demand and limited supply in the market. For example, well-known company MicroStrategy (#MSTR) acquired 5,445 BTC for $150 million from August through late September!
- Rising demand amid economic uncertainty: With inflation on the rise, geopolitical instability, and volatility in traditional markets, investors are seeking more stable assets. Bitcoin, alongside gold (XAUUSD), is becoming a preferred choice for capital preservation.
- Expectations of U.S. Fed policy easing: With potential interest rate cuts on the horizon, interest in cryptocurrencies as alternative assets is increasing. Experts estimate an 87% probability of a rate cut at the next meeting, creating additional incentives for investing in BTC and other crypto assets.
- Positive analyst forecasts: The projected minimum Bitcoin price in January 2025 is $71,468, with an average of $78,168 and a maximum of $80,402. By December, these figures are expected to rise to $106,235, $109,213, and $124,937, respectively. Growth is anticipated to remain steady, without declines or corrections, throughout the year.
On September 19, 2024, FreshForex analysts highlighted the undeniable growth drivers for the entire crypto sector. With Trump at the helm of the U.S., crypto growth is practically inevitable! Don’t miss your chance!
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RE: FreshForex News - FreshForex - 11-13-2024
Crazy surge: indices and crypto at new highs!
![[Image: da224be0f55dca00985ac7088c9d2a12.png]](https://freshforex.com/netcat_files/Image/da224be0f55dca00985ac7088c9d2a12.png)
In recent days, the cryptocurrency market has experienced a surge in interest following Donald Trump’s election, as he aims to make the United States a global crypto industry leader. His plans to dismiss Gary Gensler, the Chair of the Securities and Exchange Commission (SEC) known for his stringent digital asset regulations, have had a noticeable impact on the market. As a result of this news, Bitcoin (BTCUSD) hit a new record, temporarily reaching $89,600.
At the same time, U.S. indices staged an impressive rally, breaking records: the S&P 500 (#SP500) surged 4.66% over the week, crossing the $6,000 mark, while the Dow Jones Index (#DJI30) jumped 5.23% at its peak, exceeding $44,300!
![[Image: 654afae4489ec1a3c541c89a424bde4e.png]](https://freshforex.com/netcat_files/Image/654afae4489ec1a3c541c89a424bde4e.png)
Investor optimism is tied to a 25-basis-point rate cut by the Fed, as inflation approaches the target rate of 2% (2.4% in September), along with expectations of corporate tax reductions and regulatory easing under President Donald Trump. Several factors are aligning for further growth across the American market:
- Financial services sector: U.S. bank stocks are rising with Trump’s victory, as his promises to reduce inflationary pressures and provide tax benefits are already yielding results. Shares of major banks have shown growth of 10% to 13%! Among the top gainers: Goldman Sachs (#GoldmanSac), Bank of America (#BankAmer), Morgan Stanley (#MorganStan), and JPMorgan (#JPMorgan). All are available in our trading terminal!
- Support from the Fed: On Thursday, the Central Bank cut interest rates by a quarter-point. Fed Chair Jerome Powell noted in a press conference that the U.S. economy “is in good shape.” As reported by CNBC, investors generally see a Republican-controlled government as more favorable.
- Trump rally: The SP500 and DJI30 posted their best week since November 2023. Several Trump-related stocks have once again shown solid performance. Tesla (#Tesla), whose CEO Elon Musk was involved in the newly elected president’s campaign, rose by 8.2%, marking four consecutive positive sessions.
- Analyst predictions: The Republican victory has pushed U.S. Treasury yields to a four-month high of 4.5%, while bank and tech stocks are climbing. Major analytical agencies are confident that, following reforms by the current U.S. president, the market will gain even more momentum. FreshForex analysts have repeatedly forecasted the rise of indices and cryptocurrencies and remain confident in the upcoming growth of the entire U.S. market!
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RE: FreshForex News - FreshForex - 11-22-2024
SHOCKING! 40% tariffs on Chinese imports!
![[Image: b48760fb523058031f8ff2ad9cdaddfc.png]](https://freshforex.com/netcat_files/Image/b48760fb523058031f8ff2ad9cdaddfc.png)
According to a survey of economists by Reuters, the U.S. is considering imposing nearly 40% tariffs on Chinese imports early next year. Such measures could slow the growth of the world’s second-largest economy by 1%. Economists polled by the publication, both Democrats and Republicans, believe these changes will trigger massive disruptions in the U.S. and global economies, surpassing the impact of the trade wars during Trump’s first term. They warn this could ignite a “global trade war.”
![[Image: 34bfc46dc82234d056e6d0def16a0856.jpg]](https://freshforex.com/netcat_files/Image/34bfc46dc82234d056e6d0def16a0856.jpg)
During his presidential campaign, Donald Trump promised significant tariffs on Chinese goods as part of his “America First” trade policy. These potential tariffs, much higher than the 7.5%-25% rates of his first term, come at a vulnerable time for China’s economy, which is grappling with a prolonged real estate slump, debt risks, and weak domestic demand. Most economists predict Trump will impose the tariffs in early 2025, with an average estimate of 38% and projections ranging from 15% to 60%. These tariffs are expected to reduce China’s economic growth in 2025 by about 0.5-1.0 percentage points.
What could Trump’s policy lead to?
- Chinese indexes: Chinese stock indexes like #ChinaA50 and the Hang Seng Index (#HSI) are expected to face downward pressure.
- Chinese corporations: Key sectors such as electronics, automotive, and textiles—heavily reliant on exports to the U.S.—are likely to suffer the most. Major Chinese corporations, including #Alibaba and other leading players, could see their stock values decline.
- U.S. Indexes: American indexes like #SP500 and Dow Jones (#DJI30) might experience short-term volatility. Tariffs will raise costs for U.S. companies dependent on Chinese supplies, such as those in tech, automotive, and consumer goods sectors—companies like #Apple, #Tesla, and #Nike may face increased production costs. This could reduce profitability and potentially lead to stock corrections.
In the long term, however, the U.S. might benefit from the trade war, as it could boost domestic production, positively impacting American manufacturing stocks. FreshForex analysts predict a growth phase to begin in late Q1 2025. At the same time, on November 14, investors sharply increased short positions in Asian currencies following Trump’s tariff announcements.
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RE: FreshForex News - FreshForex - 12-06-2024
Bitcoin breaks $100,000! A historic milestone
![[Image: d7718fe9f1f359603ef23ef8fad3f169.png]](https://freshforex.com/netcat_files/Image/d7718fe9f1f359603ef23ef8fad3f169.png)
For the first time in history, Bitcoin (BTCUSD) has crossed the $100,000 mark, rising 40% in just one month!
Experts say this sharp rise is linked to Donald Trump’s victory in the U.S. presidential election. Analysts believe the crypto market is reacting to Trump’s promises to simplify regulations and make the U.S. the “crypto capital of the world.” At its peak, Bitcoin reached $104,500 per coin!
During his campaign, Trump actively promoted cryptocurrencies: accepting Bitcoin donations, using crypto for purchases, and highlighting blockchain as the future of the economy. The day after his election win, Bitcoin’s price jumped from $68,000 to $74,000 and then started to climb even faster as excitement grew around his plans.
![[Image: 4b6034c0dca4f7eb51a9717770816efe.jpg]](https://freshforex.com/netcat_files/Image/4b6034c0dca4f7eb51a9717770816efe.jpg)
What does this mean for global markets?
- U.S. economy: Hopes for easier regulations are increasing demand for crypto in the U.S. and bringing more investment into blockchain technology. Trump’s choice of Paul Atkins, a known crypto supporter, as the head of the SEC could speed up decisions that benefit the industry.
- Global competition: Analysts think other countries might start buying Bitcoin to keep up with the U.S. This could create a global race for digital currency and push prices even higher.
What should traders expect?
- More volatility: Bitcoin’s fast rise could lead to bigger price swings. While this offers short-term trading possibilities, a clear trend could also let traders profit from price corrections.
- Altcoin growth: After Bitcoin’s surge, attention often shifts to altcoins. In the past, such events have boosted Ethereum (ETHUSD) and other projects. Solana (SOLUSD), the second-largest altcoin by market cap, is already trading at around $240, and experts believe it could go higher.
- Institutional buying: With Trump supporting crypto, more big investors may join the market. This could bring steady growth. Companies like MicroStrategy (#MicroStrgy), led by Michael Saylor, have already been buying Bitcoin, and Trump’s presidency could inspire others to follow.
Donald Trump’s election win and his crypto-friendly stance have caused a historic Bitcoin rally. This trend is opening new doors for traders.
FreshForex analysts believe this growth is a turning point in crypto history! With Trump’s inauguration and a possible altcoin season ahead, now is the time to take your chance and become a crypto millionaire!
RE: FreshForex News - FreshForex - 12-13-2024
Black gold continues its decline!
![[Image: a3ca9e316628fa2727919d968f52b60e.png]](https://fresh-ff.org/netcat_files/Image/a3ca9e316628fa2727919d968f52b60e.png)
Oil prices are falling for several reasons:
• Saudi Arabia has decided to lower oil prices for buyers in the Asian market.
• A strong dollar continues to pressure black gold.
![[Image: 3233a6237768b47a7ed06d4859f26927.png]](https://fresh-ff.org/netcat_files/Image/3233a6237768b47a7ed06d4859f26927.png)
The drop in oil prices below $70 per barrel is likely being restrained by OPEC+ policies aimed at controlling supply volumes. The organization has decided to postpone the planned January 2025 increase in oil production to April 2025.
Traders dealing with Brent crude oil show the most pessimistic sentiment in recent months after OPEC+ countries decided to delay the resumption of oil production halted since 2022. At best, this postponement may only slow the price decline amid seasonal demand reduction in the first quarter. With the holidays approaching, market volatility is also decreasing, as traders exercise caution and avoid making aggressive bets on sharp price movements.
Morgan Stanley and HSBC have revised their forecasts for oil oversupply, expecting Brent crude oil prices to reach $70 per barrel by 2025. Bank of America analysts predict that the average price of Brent will be $65 per barrel in the coming years.
According to a survey conducted by the law firm Haynes Boone LLP, banks expect WTI crude oil prices to drop to $60 per barrel by 2027.
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RE: FreshForex News - FreshForex - 01-10-2025
Gas panic in Europe: reserves depleting at record pace
![[Image: 1b1c12948df3b93e5ef53333c8c98bc5.png]](https://freshforex.com/netcat_files/Image/1b1c12948df3b93e5ef53333c8c98bc5.png)
Gas panic in Europe: reserves depleting at record paceEurope is facing unprecedented depletion of gas reserves due to cold weather and technical challenges. According to EU gas storage data, storage levels have fallen to 70%, significantly lower than last year’s 86%. Analysts note that this situation is unique in the last seven years.
Adding to the strain, Norway’s Hammerfest plant, which supplies liquefied natural gas (LNG), has halted operations due to compressor issues. This suspension intensifies pressure on the gas market, especially in light of the cessation of Russian gas transit through Ukraine.
![[Image: 73f16b6620971c8caddffcfde9bd8bc6.png]](https://freshforex.com/netcat_files/Image/73f16b6620971c8caddffcfde9bd8bc6.png)
The European gas market is set for potential price increases in the coming months. Current storage challenges and reduced supply volumes heighten the likelihood of price hikes, particularly if the cold weather persists. Additionally, the reduction in Russian gas supplies forces the EU to compete more aggressively for LNG on the global market.
Advantages of investing in #GAS in 2025:
•Rising energy demand: Increased gas consumption during the winter and limited supply create conditions for sustained price growth. Investing in #GAS could yield high returns during the current energy crisis.
•Global LNG competition: Europe and Asia are actively competing for access to LNG. This boosts market liquidity and enhances its appeal to traders and investors.
•Inflation hedge: Energy resources, including gas, are a traditional way to protect investments from inflation risks.
•Transition to LNG: As part of supply diversification, Europe is increasing the share of LNG in its energy mix, supporting demand for gas futures.
•High volatility: Significant price fluctuations present possibilities for short-term profits, particularly amidst geopolitical instability and weather anomalies.
Analysts at FreshForex believe that 2025 is the ideal time to invest in #GAS! Limited reserves, high demand, and volatility create perfect conditions for substantial profits. Don’t miss the chance to capitalize on the year’s leading energy resource!
RE: FreshForex News - FreshForex - 01-28-2025
China strikes NVIDIA: The company loses nearly $500 billion in one day
![[Image: d5049cabb6f02a6b221d4c2afe128f21.png]](https://freshforex.com/netcat_files/Image/d5049cabb6f02a6b221d4c2afe128f21.png)
The stock price of #NVIDIA fell by 13.93%, closing at $118 on January 27, following the success of Chinese startup DeepSeek in artificial intelligence.
![[Image: b73a0c587346ed12e02e468c6afe565f.png]](https://freshforex.com/netcat_files/Image/b73a0c587346ed12e02e468c6afe565f.png)
The plunge in NVIDIA’s shares was triggered by the rising prominence of DeepSeek, whose AI model R1 surpassed OpenAI in key metrics, raising concerns over the U.S.’s leadership in IT technologies. The market capitalization of companies like NVIDIA dropped by over $1 trillion.
Last week, DeepSeek unveiled an updated model capable of providing reasoning-based answers, while its development costs remain significantly lower than those of competitors. This has raised doubts about the necessity of high investments in AI accelerators. Satya Nadella of Microsoft highlighted the importance of carefully analyzing developments from China.
DeepSeek’s advancements have disrupted the AI market, leading to a sell-off of U.S. tech stocks. Futures on the NASDAQ-100 (#NQ100) fell by 4%, while shares of European and Japanese semiconductor and tech companies also declined.
NVIDIA is facing significant market challenges, which are already impacting its future prospects. However, the demand for innovation may open new avenues for growth.
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RE: FreshForex News - FreshForex - 02-06-2025
Trump proposes Canada to become the 51st state: trade war escalates
![[Image: 149033d686c2e298a9c8cdb0c711e9b2.png]](https://freshforex.com/netcat_files/Image/149033d686c2e298a9c8cdb0c711e9b2.png)
On February 1, Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada, along with 10% tariffs on Chinese goods. In response, Canada announced retaliatory tariffs of 25% on $155 billion worth of U.S. goods, with an initial phase of $30 billion taking effect on February 4. Mexico also implemented counter-tariffs. Trump reaffirmed his intention to impose tariffs on European imports but did not specify the details.
On February 2, Trump stated that if Canada wants to avoid tariffs and taxes, it should become the 51st state of the United States. He argued that the U.S. should not be subsidizing Canada with hundreds of billions of dollars, as the country does not rely on Canadian resources. According to Trump, the U.S. has “unlimited energy resources,” sufficient timber supplies, and a growing domestic automobile industry. He added that without U.S. subsidies, Canada would struggle to remain economically viable, whereas joining the U.S. would provide lower taxes, better military protection, and exemption from tariffs.
![[Image: bbe8b7508c988654a96310a741a4d179.png]](https://freshforex.com/netcat_files/Image/bbe8b7508c988654a96310a741a4d179.png)
On February 3, during the European session, the following market trends were observed:
- U.S. stock futures declined by 1.5–2.5%. The U.S. Dollar Index rose 1%, reaching 109.50. EUR/USD opened with a major bearish gap, dropping to 1.0210, losing over 1%.
- GBP/USD fell below 1.2250 due to dollar strength.
- In Australia, December retail sales fell by 0.1%, which was better than expected but failed to support the AUD. As a result, AUD/USD dropped 1.2%, falling below 0.6100.
- USD/CAD surged significantly to 1.4792, the highest level since 2003.
- USD/MXN hit 21.2882, marking a three-year high.
- After reaching a record $2,800 on Friday, gold corrected lower on Monday, trading below $2,775.
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RE: FreshForex News - FreshForex - 02-13-2025
Bitcoin below $96K – Miners trigger a sell-off
![[Image: 499ff4ee79c2c85ca83e3be875388545.png]](https://freshforex.com/netcat_files/Image/499ff4ee79c2c85ca83e3be875388545.png)
This price decline is driven by miners’ efforts to reduce their reserves in response to market instability. At the same time, Bitcoin mining difficulty has increased by 5.6%, signaling new challenges for the industry and adding pressure on the cryptocurrency’s value. Typically, asset transfers to centralized exchanges indicate a readiness to sell, whereas transfers to custodial wallets suggest long-term holding.
Over the past two weeks, Bitcoin has repeatedly dropped below the $100K mark, influenced by uncertain U.S. trade policies and negative macroeconomic signals from the Labor Department report. A brief recovery failed to sustain bullish momentum, leading to large-scale sell-offs and further price declines, keeping altcoins under constant pressure.
As a significant part of institutional Bitcoin demand, miners continue to shape market dynamics. However, over the past seven days, selling activity has slowed as investors anticipate a potential price rebound.
FreshForex analysts forecast that BTCUSD retains the potential for recovery and even new all-time highs, while Standard Chartered suggests Bitcoin could reach $500K by 2028.
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