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Crypto Trade & Investments

Crypto Market Slump Sparks Rebound Speculation Amid Trump’s Bitcoin Reserve Plan

Crypto Market Slump Sparks Rebound Speculation Amid Trump’s Bitcoin Reserve Plan
  • PublishedMarch 10, 2025

Cryptocurrencies faced a tough week, with total market cap down 1.8% in 24 hours and 13% over 30 days, per CoinMarketCap. Bitcoin hit a low of $82,000, but analysts like Nigel Green of deVere Group predict a rebound.

Green says the market’s reaction to Trump’s bitcoin reserve announcement is short-sighted. Investors may soon recognize the broader implications, potentially reversing the downturn.

U.K. Defense Stocks Outperform U.S. Tech Amid Spending Boost

U.K. defense stocks are thriving as the government plans to increase defense spending. Rolls Royce leads the FTSE 100, up 30% since 2025 began, outpacing U.S. tech giants, says XTB’s Kathleen Brooks.

Canadian Tourism to U.S. Drops Amid Tariff Tensions

Canadian visits to the U.S. fell sharply in February, with auto trips down 23% and air travel down 13.1%. Trump’s tariff threats have led Canadians to boycott U.S. goods and rethink travel plans.

Dollar Weakens as Recession Fears Grow

The dollar hit its lowest level since November as recession fears mount. Treasury yields fell, and inflation concerns persist. The dollar weakened against the yen, euro, and pound but gained 0.3% against the Canadian dollar.

Investors Flock to U.S. Treasuries Amid Economic Uncertainty

Investors are turning to U.S. Treasuries as fears of economic weakness grow. Trump’s refusal to rule out a recession and lower-than-expected Chinese inflation data added to market jitters.

Tech Stocks Slide as Trump Hints at Recession Risk

Nasdaq-100 futures fell 1.3% after Trump’s recession comments. Nvidia and Apple dropped 2.4% and 1.4% premarket. European semiconductor stocks, including ASML and Infineon, also declined.

European Markets Drop on U.S. Recession, China Deflation Fears

European stocks fell Monday, with the FTSE 100 down 0.6% and Germany’s DAX down 0.8%. China’s deflation and Trump’s recession remarks weighed on markets. U.S. futures also declined.

Chemring Faces Order Delays Amid U.K. Defense Review

Berenberg analysts warn Chemring needs faster order intake to meet guidance. Delays in the U.K. defense review could impact the company, which derives 34% of revenue from the U.S.

European Defense Stocks Set for Growth Amid Spending Push

European defense budgets are expected to grow steadily until 2035, boosting stocks like QinetiQ and Babcock International. Berenberg upgraded Babcock but downgraded BAE Systems and Chemring due to U.S. budget uncertainty.

JD.com Set for Earnings Boost from China’s Trade-In Program

Nomura analysts raised JD.com’s 2025 revenue forecast by 4%, citing strong laptop sales and expanded government subsidies. The brokerage maintains a buy rating, with a new target price of $55.00.

Written By
Liam Drake

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