macroeconomics

Trump adviser calls for Powell exit, could Bitcoin benefit?

0Importance
closedStatus
1News media
1Pieces
Published

Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC the event is about this asset
first headline
+0.4% 2 h before
+0.2% 4 h after
$85,829price at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 5 06:44

Has this happened before?

WhenWhat happenedFigure
37 days ago US PCE Inflation Is a Big Test for Stocks, Crypto, and Trump event 2 actors in common · 3 news media
35 days ago US economy adds just 29,000 jobs in September as hiring slows sharply event 1 actors in common · 3 news media
35 days ago U.S. added just 29,000 jobs in September. with unemployment rate rising to 4.2% event 1 actors in common · 4 news media
35 days ago Top Fed official signals central bank will keep rates on hold in October event 1 actors in common · 3 news media
36 days ago Trump Says Inflation Can Shrink America’s $40 Trillion Debt. How? event 1 actors in common · 2 news media

What could happen next i

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66% 25 bps increase ▼ 12 pts in 24 h
  • 25 bps increase ▼12 66%
  • No change ▲10 32%
  • 25 bps decrease ▲1 1%
  • 50+ bps increase <1%
  • 1 more1%
25 bps increase, last 16 days
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65% Hike 25bps ▼ 15 pts in 24 h
  • Hike 25bps ▼15 65%
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  • Cut 25bps ▲1 2%
  • Hike >25bps ▼1 1%
  • 1 more1%
Hike 25bps, last 16 days
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97% 0 (0 bps) ▼ 1 pts in 24 h
  • 0 (0 bps) ▼1 97%
  • 1 (25 bps) <1%
  • 2 (50 bps) <1%
  • 3 (75 bps) <1%
0 (0 bps), last 16 days