Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,279)
  • Analysis (1,471)
  • Bitcoin (2,049)
  • Blockchain (1,190)
  • DeFi (1,404)
  • Ethereum (1,412)
  • Event (55)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,448)
  • Press Releases (1)
  • Reddit (702)
  • Regulation (1,345)
  • Security (1,942)
  • Thought Leadership (2)
  • Uncategorized (1)
  • Videos (41)
Hand picked
  • Charles Hoskinson reaffirms commitment to Bitcoin Defi, Cardano Innovations
  • How to read a Bitcoin liquidation card (without being liquidated)
  • Qubic launches a chain learning platform to support the growth of the ecosystem
  • Ripple makes a fundamental statement on the transformation of the Blockchain Finance – TradingView News
  • The decision of the dry goes the way for the clearing of Ethereum in the ETF
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»Trump blames Biden as the markets weaken on GDP and pricing disorders
Analysis

Trump blames Biden as the markets weaken on GDP and pricing disorders

April 30, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Crypto news donald trump charts option02.webp.webp
Share
Facebook Twitter LinkedIn Pinterest Email



American actions were mixed on Wednesday, ending a turbulent April marked by economic contraction and the uncertainty of commercial policy.

The S&P 500 increased by 0.15%, the Nasdaq Composite lost 0.086%, and the industrial average of Dow Jones has won 141 points after new data has shown that the American economy has decreased for the first time since 2022.

According to the Commerce Department, the first quarter GDP dropped to an annualized rate of 0.3%, reversing a gain of 2.4% compared to the previous quarter.

The contraction was partly attributed to an increase of 41% of imports while companies are stored before the new prices of President Trump.

Consumer expenditure has also slowed down at its lowest pace in more than a year, and public spending has decreased, moreover resulting in growth.

Price uncertainty

The markets had rallied earlier in the month after Trump interrupted certain prices and alludes to trade agreements with countries like India. However, renewed volatility has returned as investors digested low economic data, inflationary concerns and the lack of clarity on commercial negotiations.

April losses follow a clear drop after Trump’s announcement on April 2 of “reciprocal” prices, which lowered the S&P 500 by more than 11% at a given time.

On Truth Social, Trump sought to blame the economic slide, writing: “It is the Biden stock market, not that of Trump”, and said that a “overhang of Biden” was behind the bad figures. He urged patience, saying that his policies would take the time to provide results.

The stock market under the second term of Trump posted one of the lowest performance for the president’s first 100 days in modern history.

Analysts underline the continuous uncertainty of politics as the main cause. “This is very clearly caused by uncertainty surrounding the prices, period,” said Kelly Bouchillon by Sound View-Wealth Advisors.

Meanwhile, large companies like First Solar and Ge Healthcare have reduced forecasts due to winds related to prices. Nvidia actions also slipped, following the disappointing results of Super Micro Computer.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBest crypto to buy in April: RCO Finance wins more traction than XRP and Solana
Next Article FIFA moves its NFT platform to its own blockchain network

Related Posts

Analysis

How to read a Bitcoin liquidation card (without being liquidated)

June 1, 2025
Analysis

Tron analysts predict the next $ 0.30 rally, Unilabs crosses the DOGE volume

June 1, 2025
Analysis

The BlackRock FNB Bitcoin Bitcoin pays $ 430 million, its biggest outing of a day

May 31, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Kenya to Host Africa’s Leading Blockchain & Crypto Conference in June 2025 

May 30, 2025

Nairobi, Kenya – May 2025 — Africa’s rapidly evolving blockchain ecosystem will take center stage…

Event

Crypto Vision Conference 2025: A Breakthrough Day for Web3 in the Philippines

May 29, 2025

Makati City, Philippines — April 26, 2025 — The AIM Conference Center was a hub…

1 2 3 … 48 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Charles Hoskinson reaffirms commitment to Bitcoin Defi, Cardano Innovations

June 1, 2025

Friday, Cronos challenges the cryptography market as an asset manager Canary Capital Files for Cro Etf

June 1, 2025

FTX Recovery Trust starts $ 5 billion for creditors

May 31, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 104,411.97
ethereum
Ethereum (ETH) $ 2,518.21
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.17
bnb
BNB (BNB) $ 654.76
solana
Solana (SOL) $ 155.08
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.190441
tron
TRON (TRX) $ 0.268657
cardano
Cardano (ADA) $ 0.676655