Bitcoin Hits Highest Level Amid US Taxes and Bond Yields Rise
US President Trump don announce 35% tariff for Canadian imports plus plan to put 15–20% charge on other trade partners. Dow Jones and S&P 500 drop, but Nasdaq remain steady. For bond market, 10-year Treasury yield climb pass 4.40%, as fiscal deficits go up. Fed Chair Jerome Powell sudden waka cause wahala for monetary policy palava. Stock market wahala reduce wella, VIX drop to 15.7.
Even with plenty macro wahala, Bitcoin jump pass 4% to new record $118,856, e dey break record for 3 days running. Big altcoins like Ethereum, XRP, Dogecoin and Cardano also rally, show double-digit gains. Crypto traders see strong Bitcoin rally with US trade palava and yield upticks as better sign.
Bullish
Di tori news combine the strong USA trade wahala, bond yields wey dey rise, volatility wey dey fall sharply, and Fed chairman wahala – all na classic things wey dey make people dey put money for safe place. Even though these big big global problems dey make stock market fall, Bitcoin rally to new record high show say crypto traders still get strong risk appetite. This rally, plus double digit gains for major altcoins, show say people get strong confidence to buy. For short term, Bitcoin likely go keep dey rise as investors dey find other options because policy no clear. For long term, if trade tensions and financial wahala continue, e fit make people still want crypto as safe haven, wey go make price still dey go up.