Jim Cramer believes the stock market’s recent rise indicates a potential recovery, with major U.S. Indexes up over 2.5%. The support for Fed Chair Powell from Trump has also enhanced investor confidence.
Cramer mentions that the optimism is linked to potential tariff negotiations and easing monetary policy. He highlighted that perceptions play a crucial role in market rallies.
In response to the market mood, Bitcoin increased by 3%, with Ethereum, Solana, and Ripple joining the rally, highlighting the positive sentiment surrounding the cryptocurrencies.
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