Trump Says Fed Chair 'Is Not in Love With Me' as Crypto Market Soars

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Decrypt
05-09

Major equity indexes were also up, with the S&P 500 and Nasdaq each jumping more than 1% amid investor hopefulness for an end to Trump's trade hostilities.

President Trump also said during a Thursday press conference that investors should buy stocks now.

Other digital assets surging on Thursday included Ethereum, the second biggest virtual coin, which broke the $2,053 for the first time since early March and was up by more than 14% from the same time, the previous day. The cryptocurrency's price recently stood at $2,047.

XRP and Solana rose more than 6% and 10%, respectively. Traditional safe-have asset gold, meanwhile, was down more than 2%.

Edited by James Rubin

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