Global stocks surged on April 23, 2025, after Trump backed off firing Fed chief Powell and de-escalated China tariffs, per Reuters. Crypto markets followed, with Bitcoin gaining, reflecting renewed investor confidence, though global growth concerns linger. This shift offers a reprieve from economic tensions.
Web sentiment on X is optimistic, with users noting Wall Street’s rally, but some fear underlying issues like global growth slashes. The market’s reaction will depend on sustained policy clarity.