Bitcoin Rises Amid Optimism Over Trump Softening Stance on Tariffs -- Market Talk

Dow Jones

2025/04/29

0924 GMT - Bitcoin rises slightly as optimism over the Trump administration softening its stance on tariffs improves investor appetite towards risky assets. The cryptocurrency is also supported by news that Arizona has passed a bill allowing the state to invest up to 10% of public funds in digital assets. These developments, coupled with Standard Chartered's forecast for bitcoin to rise to $200,000 by year-end, suggest a favorable environment for the cryptocurrency, Zaye Capital Markets analyst Naeem Aslam says in a note. However, "investors should remain vigilant amid ongoing geopolitical and economic uncertainties," he says. Bitcoin rises 0.4% to $94,898, according to LSEG. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

April 29, 2025 05:24 ET (09:24 GMT)

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The cryptocurrency is also supported by news that Arizona has passed a bill allowing the state to invest up to 10% of public funds in digital assets. These developments, coupled with Standard Chartered's forecast for bitcoin to rise to $200,000 by year-end, suggest a favorable environment for the cryptocurrency, Zaye Capital Markets analyst Naeem Aslam says in a note. However, \"investors should remain vigilant amid ongoing geopolitical and economic uncertainties,\" he says. Bitcoin rises 0.4% to $94,898, according to LSEG. 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(renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 05:24 ET (09:24 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4594","symbol_name":"比特幣ETF概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531206899","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531206899","pubTimestamp":1745918640,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0924 GMT - Bitcoin rises slightly as optimism over the Trump administration softening its stance on tariffs improves investor appetite towards risky assets. 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These developments, coupled with Standard Chartered's forecast for bitcoin to rise to $200,000 by year-end, suggest a favorable environment for the cryptocurrency, Zaye Capital Markets analyst Naeem Aslam says in a note. However, \"investors should remain vigilant amid ongoing geopolitical and economic uncertainties,\" he says. Bitcoin rises 0.4% to $94,898, according to LSEG. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 29, 2025 05:24 ET (09:24 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}