Last week Crypto Money Market It followed a wavy course due to global macroeconomic developments. Inflation data described in the USA come above expectations Bitcoin (BTC) $96,137.04 And shook the Altcoins. However, Donald Trump’s new customs tariffs increased concerns about global trade wars. Nevertheless, despite all these pressures, Bitcoin and Altcoins were able to remain strong.
Macroeconomic Effects in Crypto Money Market
Crypto currency The market had a difficult week due to the latest inflation data from the USA. January Consumer Price Index (CPI) was announced as 3 percent on an annual basis and came higher than expected. Producer Price Index (PPI) was also 3.5 percent. This reduced demand for risky assets.
The new customs tariffs announced by Trump have increased concerns that global trade wars could re -exacerbate. Following these developments, high volatility was seen in the crypto currency market. The price of Bitcoin fluctuated and reached 97 thousand dollars and rose 0.5 percent on a weekly basis. Ethereum (ETH) 
$2,761.89 1 percent of the rise of 2 thousand 700 dollars came to the level.
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Although crypto currency investors are cautious about the general appearance of the market, some analysts consider existing price movements as a possible recovery signal.
The hope of rise for Bitcoin and Altcoins
Despite the fluctuations in the market, some developments feed optimism in the crypto currency market. Especially Stock Exchange Investment Funds (ETF) news strengthened the expectation of rise for Bitcoin and some Altcoins.
US Securities and Stock Exchange Commission (SEC) announced that he has taken the XRP ETF applications presented by Grayscale and 21shares. This development XRPincreased interest. Besides that Solana (Left) and Dogcoin 
$0.263109 (Dogge) also increased market expectations, the possibility of ETF applications would be accepted by the SEC.
Investors are currently in Bitcoin, as well as this altcoin‘s’s potential closely follows. Potential ETF approvals by Altcoins are thought to have a positive impact on the market. Despite the existing fluctuations, hopes for the future of the market continue.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
