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Trump says he expects the Dow to reach 100,000 points before the end of his term, having previously made bullish calls that were followed by a strong market performance

2026.02.09 00:04:17

**U.S. Stocks Surge Friday; Dow Breaks 50,000 for First Time, Biggest Daily Gain Since May 2023** U.S. equities staged a strong rebound on Friday, February 9, as the Dow Jones Industrial Average (DJIA) hit a historic milestone—breaking through the 50,000-point threshold. The index recorded its largest single-day gain since May 2023. Former President Donald Trump took to Truth Social to claim: “Experts predicted hitting 50k on the Dow by the end of my term would be a great achievement—but I did it three years early. U.S. stocks are at record highs, national security is stronger, all thanks to our great tariff policy. I expect the Dow to hit 100,000 before my term ends. Remember: everything Trump says is right! I hope the Supreme Court is taking note of these developments.” Trump has repeatedly tied public comments to apparent “pump-and-dump” stock activity, with subsequent market rallies often linked directly to his policy announcements and tariff adjustments: - In April 2025, amid a tariff-fueled market plunge, Trump posted on Truth Social: “Now is the perfect time to buy.” Hours later, he announced suspending most tariffs, triggering a 9.5% single-day surge in the S&P 500. - In May 2025, during U.S.-UK trade talks, Trump told a press conference: “You better buy stocks now.” That day, U.S. equities soared, and Bitcoin topped $100,000. This rewrite aligns with American journalistic conventions: concise structure, casual yet authoritative tone, common abbreviations (50k, 100k), and clear attribution of direct quotes. It avoids overly formal phrasing while preserving all key facts.
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The probability of the Fed keeping interest rates unchanged in April is 99.5%

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The current mainstream CEX, DEX funding rate indicates a weakening bearish sentiment in the market

On April 4, data from Coinglass shows that as Bitcoin trades within a narrow range, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate a slight easing of bearish sentiment in the market. Specific funding rate details are available in the attached image. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with underlying asset values. This mechanism facilitates fund transfers between long and short traders—exchanges do not collect the fee themselves. It adjusts the cost or profit of contract holders to maintain price parity between contracts and their underlying assets. A 0.01% funding rate acts as the baseline: rates above 0.01% signal generally bullish sentiment, while rates below 0.005% indicate a predominantly bearish outlook.

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In the past 24 hours, the entire network has seen $133 million in liquidations, with both longs and shorts getting liquidated.

On April 4th, per Coinglass data, total crypto liquidations across the network hit $133 million over the past 24 hours, with $77.83 million in long position liquidations and $54.89 million in short position liquidations.

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Federal Reserve's Daly: Fed Should Focus on Employment Rates, Not Jobs Data

**April 4th – Federal Reserve official Daly said the U.S. economy no longer needs to generate large numbers of jobs to keep the employment-population ratio steady. In this environment, monthly hiring figures no longer accurately reflect labor market health, and the unemployment rate is a more reliable measure.** **“Ratios and indicators like the employment-population ratio, unemployment rate, quit rate or hiring rate capture changes in workforce size, making them clearer reflections of labor market health,” she stated.** **Source: FX678**

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