Investors’ Hopes and Crypto Dreams: A Good Friday Farce

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Ah, Good Friday 2025! A day when investors, like hopeful children awaiting a visit from the Easter Bunny, cling to the fragile threads of optimism, believing their stock and crypto markets shall perform with the grace of a ballet dancer. Yet, since the dawn of this year, the financial realm has been akin to a tempestuous sea, where billions have been swept away in the turbulent waves of the Trump trade war. But lo! New whispers from the US-China skirmish and Europe’s audacious rate cuts have stirred the pot of investor sentiment. What delightful surprises await us in the markets today? 🎭

Good Friday 2025: Stock Market Closes While Crypto Market Remains Active

On this most sacred of Fridays, the US stock and bond markets shall take a well-deserved nap, closing their doors until Monday. Meanwhile, the EU and most global markets join in this slumber, while the Japanese and Chinese markets remain wide awake, like insomniac owls. Trading volume may be as low as a poet’s income, yet volatility shall dance about like a mischievous sprite.

Interestingly, the day preceding this festival has been modestly generous. The S&P 500 has graced us with an average gain of +0.38% since 1980, while the Dow Jones and Nasdaq follow suit with +0.3% and +0.46%, respectively. However, let us not forget that Monday has a reputation for being historically negative—much like a bad review of a Wildean play.

So, what can we expect from the stock market today? Not much, dear reader! But fear not, for the crypto market remains open, its unique charm being that it is accessible 24/7, like a late-night diner serving questionable food. Today, cryptocurrencies are performing a curious dance: some are down, while others are attempting a valiant recovery.

The illustrious Bitcoin is trading at a staggering $84.6k, Ethereum at $1.578, and XRP at $2.06, with the rest of the top altcoins contributing to a total market cap of $2.67T and a trading volume of $62.01B, according to the ever-reliable CoinMarketCap. 💰

What to Expect from the Crypto Market Today?

As the crypto market has been in a state of delightful chaos for the past few weeks, one might wonder if there is any significant stimulus for recovery. While there is a glimmer of hope surrounding the Fed’s potential rate cuts—thanks to the EU’s audacious 2.25% cut—evidence remains as elusive as a good plot twist in a mediocre novel.

Recently, our dear Donald Trump has called for the termination of Fed Chair Jerome Powell, citing the failure of rate cuts as the reason. Experts, with their crystal balls, predict a week filled with volatility, courtesy of tariff tensions, geopolitical risks, and other delightful uncertainties.

As we look to the upcoming week, a plethora of economic reports shall be unveiled, including Consumer Inflation, Retail sales data, Industrial production, and Jobless claims. With such a cornucopia of data, experts anticipate a bearish trajectory for both crypto and stock markets, even on this Good Friday. 🐻

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2025-04-18 11:52