🚨LVRG Research's Nick Ruck: We could expect to see Bitcoin align with the growth of gold in the foreseeable future. [with gold over 2 standard deviations away from its 200DMA who wouldn't]

China's Commerce Ministry: If the US really wants to resolve the issue, it should lift all unilateral tariff measures against China.

The April options for Bitcoin (BTC) and Ethereum (ETH) are set to expire at 4 PM this Friday (April 25). As of now, $7.2 billion in BTC positions will have expired. The current put/call ratio stands at 0.73, with the maximum pain point at $85,000. At the current BTC price of $92,300 call option buyers would secure a huge win.

MUFG: Despite the recent volatility, gold’s record-breaking rally is far from over. Gold will continue to serve as a hedge against geopolitical and financial risks. Central bank and ETF demand will also support gold prices, especially if interest rates are cut.

🚨Since the tariff order issued on April 2, BTC has been the only major asset to float higher in positive territory.

🚨PBOC: Will conduct 600 billion yuan Medium-term Lending Facility (MLF) operation Friday, one-year term; 100 billion yuan MLF matures this month. [Buy BTC!]

Morgan Stanley: Market sentiment has improved significantly in response to US President Donald Trump's statement that he may significantly reduce tariffs on China and US Treasury Secretary Scott Bassett's comments that he expects US-China tariff tensions to ease in the near future. If the tariff war really recedes, it will be a major positive for China's stock market.

Macquarie: China's next round of economic stimulus to be reactive rather than proactive. Still too early for Beijing to fully commit to a comprehensive stimulus plan. Policymakers will likely respond to the actual impact of tariffs, rather than just the news of tariffs.

SPX underperforms global peers amid tariff turmoil

🚨ECB’s Lane: The US is an important trading partner, but not only partner.

The Vickers insider sell/buy ratio, which tracks corporate insider transactions, shows insiders are buying. [when it's time to buy, you don't want to buy. BTFD!]

🚨PayPal and Coinbase expand partnership to boost PYUSD adoption. Users can make fee-free PYUSD transactions and redeem 1:1 for USD. Innovative payment solutions and DeFi applications are being explored. -announcement

🚨CME Group announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP). -PR

Nasdaq 100 rises 1%; S&P 500 gains 0.5%

🚨Fed's Waller: Rate cuts could come from rising unemployment. Demand slowdown from tariffs would offset some inflation impact

April's Atlanta Fed BIE Survey shows business sales sentiment slumping. The diffusion index fell to -28, the weakest since August 2020, with firms reporting sales well below normal levels. [rising unemployment is next]

Wall St extends gains: S&P 500 +2%, Nasdaq +2.5%, Dow +1%

🚨The People’s Bank of China injects 600 billion yuan ($82.3bn) via a one-year MLF to ensure ample banking liquidity and counter US tariffs, resulting in a net 500 billion yuan cash injection, the largest since December 2023.