Crypto Daybook Americas: Trump’s Fed Outburst Fails to Jolt Bitcoin

Crypto Daybook Americas provides a morning update on the crypto market happenings. Today’s edition is brief due to the Easter holiday. President Trump’s criticism of Federal Reserve Chair Powell has caused market uncertainty, resulting in minimal movement in the CoinDesk 20 Index. Trump’s call for rate cuts has implications on both bitcoin and traditional assets like gold. The S&P 500 and Nasdaq have seen slight changes amidst the uncertainty. Experts suggest that bitcoin could once again become a hedge against eroding purchasing power, while currently, gold is the preferred safe haven. Positive regulatory changes under the Trump administration have boosted sentiment among crypto investors.