US Treasury Secretary Scott Bessent met President Trump to address market instability. He advised focusing on trade deals rather than aggressive tariffs.
Following the meeting, the crypto market rebounded, with a 4% increase in market cap, reaching $2.5 trillion. Major cryptocurrencies like Bitcoin, Ether, XRP, and Solana saw price surges.
Inconsistent messaging regarding tariffs has left investors confused. Major indices including Dow and S&P 500 showed gains amidst hopes for tariff pauses.
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