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Share link:In this post: The Czech government lowered its economic growth forecast for 2025 to 2% due to reduced corporate investment linked to U.S. tariffs. Exports, particularly in the auto industry, are slowing overall economic expansion, while household spending remains a key growth driver. The U.S. tariffs, especially on auto parts, have negatively impacted companies’ investment plans and may further slow Czech growth to 1.6% in 2025.
Analysts suggest that Bitcoin price is facing a strong wall at $84,000, which could lead to a breakout for BTC toward $96,000.
Ethereum continues to underperform but the rising bearish sentiment could signal a bullish rally for the cryptocurrency, according to Santiment.
Vitalik Buterin has proposed a roadmap to fix privacy on the Ethereum Layer-1 chain, setting a new benchmark for protocol functionality.
- 2025/05/12 23:36Truth Social denies rumors about launching a new meme coinPANews reported on May 13 that Truth Social denied rumors about launching a new meme coin.
- 2025/05/12 22:46Federal Reserve's Goolsbee: Tariffs Will Continue to Have Stagflationary Effects, Temporary Nature of Agreement Will Pressure EconomyAccording to a report by Jinse Finance, Federal Reserve's Goolsbee stated that tariffs will continue to have a stagflationary effect, and the temporary nature of the agreement will put pressure on the economy. Due to uncertainty, I once again support maintaining a wait-and-see approach. The threshold for taking action must be very high.
- 2025/05/12 22:45Offshore Yuan Falls 397 Points Against US Dollar Compared to Last Friday's New York CloseAccording to a report by Jinse Finance, the offshore RMB (CNH) was trading at 7.2006 against the US dollar at 04:59 Eastern Time, down 397 points from last Friday's New York close, with intraday trading ranging between 7.2406 and 7.1922.