Federal Reserve Governor Jefferson: No Need to Hurry to Further Cut Interest Rates, Strong Economy Makes Caution Appropriate

April 6 – Daniel Takieddine, CEO of Sky Links Capital, said Saturday that gold’s upside potential may be limited as market expectations for Federal Reserve interest rate cuts fade. Strong U.S. labor data has lifted Treasury yields, pressuring gold prices. Ongoing diplomatic efforts have boosted hopes for a potential Middle East conflict resolution, adding further uncertainty to the gold outlook. That said, geopolitical risks outside the Middle East and continued central bank gold purchases continue to support gold prices. Takieddine noted the metal’s short-term trajectory will hinge on upcoming U.S. economic data, Fed policy signals, and geopolitical developments. (Note: Adjust "Saturday" to the correct weekday for April 6 of the relevant year if needed; the structure and tone align with U.S. news briefings.)

On April 6th, per on-chain analyst Ai Auntie (@ai_9684xtpa), as Bitcoin (BTC) broke above $70k, a whale known by the "10 Big Goals" moniker opened at least 278.406 BTC in long positions at an average entry price of $67,023.8. The position is valued at roughly $18.66 million, with an unrealized profit of $820,000 to date.

April 6 – Iranian Foreign Ministry Spokesperson Saeed Khatibzadeh slammed U.S. threats against Iranian infrastructure as a "war crime" and warned any country aiding Washington would face legal accountability. "Undoubtedly, just making such threats is itself a war crime," he said, noting the U.S. simultaneously talks about targeting "energy and industrial infrastructure" while giving Israel "the green light to attack civilian targets." He stressed these actions qualify as war crimes under international humanitarian law and the Rome Statute of the International Criminal Court. "All countries must recognize: any cooperation or assistance provided to the U.S. during the commission of its crimes will be held accountable as war crimes and crimes against humanity." (Source: FX168)

As of April 6th, per HTX market data, Bitcoin has surged past $70,000, currently trading at $70,087.31—up nearly 1% over the past hour.

On April 6, Iranian Foreign Ministry Spokesperson Ismaeil Baghaei announced Tehran has finalized its own demands amid recent war-ending proposals, with the demands to be revealed at an appropriate time. He emphasized Iran will not yield to pressure. Baghaei noted a 15-point U.S. plan was among solutions conveyed via intermediaries—including Pakistan and other friendly countries—earlier this week. “Such ambitious, unusual proposals are illogical,” he added. He stressed Iran operates under its own framework: “Based on our interests and considerations, we’ve organized and formulated a series of demands we’ve raised in the past and continue to present now.” The spokesperson also rejected claims that engaging with mediators signals weakness. “Iran’s quick, bold response to the proposal should not be seen as surrender to the enemy,” he said. (Source: Wall Street CN)

April 6 — The spokesperson for Iran’s Ministry of Foreign Affairs stated that Tehran is ready to respond to the mediator and will provide timely updates if necessary. (Xinhua)