From Yahoo Finance: 2025-04-28 13:29:00

Bloomberg strategists predict more companies may adopt cryptocurrency treasury strategies, with Bitcoin showing strength amid market uncertainty. The global financial system faces a stress test, potentially benefiting cryptocurrencies like Bitcoin. U.S. exceptionalism is waning due to trade war impacts, prompting firms to consider Bitcoin as a hedge. Bitcoin’s stability amid market turbulence has led some to view it as a resilient asset against a weakening dollar and global trade challenges.

Some companies, like GameStop and Metaplanet, have embraced the Bitcoin treasury model, signaling a potential trend among firms. Other companies, like Intuit and McDonald’s, are considering similar strategies. Beyond Bitcoin, firms like DeFi Development Corp are exploring altcoins, with notable success in Solana’s treasury strategy. Institutional investors are increasingly viewing Bitcoin as a hedge against de-dollarization and inflation, seeing similarities with gold in terms of characteristics and potential rewards. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average falling 500 points. This drop was attributed to concerns over rising inflation rates and interest rates, causing investors to sell off their holdings in a panic.

2. The unemployment rate has decreased to 4.8% in the latest report, marking a significant improvement from the previous month. This drop is largely attributed to the reopening of businesses and an increase in hiring across various industries.

3. A new study has found that the average household income has increased by 5% in the past year, reaching a record high of $68,700. This growth is attributed to higher wages and increased job opportunities in the recovering economy.

4. In the tech industry, Apple announced record-breaking quarterly profits of $81.4 billion, driven by strong sales of the iPhone 13 and other products. This marks a 12% increase from the same quarter last year, showcasing the company’s continued success in the market.



Read more at Yahoo Finance: Bloomberg Strategists Say ‘More Public Firms Might Rethink Crypto As US Exceptionalism Dims’