Market wrap: A pivotal moment for gold, Bitcoin, and global markets

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The story "Market wrap: A pivotal moment for gold, Bitcoin, and global markets" was covered 4 days ago by e27, a news publisher based in Singapore.

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Market wrap: A pivotal moment for gold, Bitcoin, and global markets - e27

Quick Summary:

As financial markets navigated the Easter holiday weekend of April 21, 2025, a confluence of significant events underscored a transformative period for global investors.

Both gold and Bitcoin are increasingly seen as hedges against currency devaluation and economic instability, particularly in light of reports that President Donald Trump is seeking to remove Federal Reserve Chairman Jerome Powell.

A bond market crash, loss of confidence in the dollar as a reserve currency, and heightened stock market volatility could ensue if Powell’s removal is pursued through questionable means, as cautioned by X posts from several analysts.