Bitcoin price It weakened again as expected because we could not see the result of inflation data in stock maturity. On the other hand, concerns about tariffs are not completely eliminated. For this reason, the price of BTC, which is lingered at $ 80,500, contains warnings for crypto currencies. So what do the latest statements about Trump say to us?
Trump is not crazy
Even if it takes steps crazy Trump He didn’t eat and he doesn’t care about the results of his steps, but he’s aware of what he’s doing. The explanations made by Kevin Hassett, Director of today’s US National Economy Council, point to this.
Speaking about the tariffs, the authorities mentioned that Trump knew that he would trigger recession with his step last week. Trump, who is aware that he is dragging the economy into recession, does not want depression.
Depression Its environment occurs when recession (economic recession) aggravated. Trump is not going to risk the painful prescription, but he’s not too crazy to care more. In 1930, the US administration has been very careful not to experience a similar scenario since the Great Depression period, where unemployment is based on 25 %.
The future of crypto coins
If Trump Great depression If he doesn’t want anything similar, he will do his best to frustrate the extreme fear of the markets. This is that the tariffs will not suppress the economy for a long time and at some point, we can say that Trump’s partners will solve this problem with mutual sacrifice.
With the rapid rise in bond interest rates, the collapsed stocks will be precisely so that Trump will worry about Trump, which has taken a step back, the US markets have experienced the best day since 2008.
“Everything was moving regularly. No doubt that yesterday the treasury market, you know, the decision to take action, perhaps the decision to take a little more urgently. But this would happen.”
Trump made a statement in the style of “people were scared” in his statement yesterday.
So what’s the expectation in crypto coins? First of all, the probability of a quick return in the short term seems weak. Although the markets recovered yesterday, this did not come, because the risks caused by tariffs are not completely reset. Trump will probably try to conclude with the negotiations team within 2 months, and during this time, some countries will find more US imports, some investments in the United States, and some of them will find the middle way by pulling customs duties down.
Medium -term risk Crypto Coins It will be the stance of China for. Even though Trump says “They will call me to compromise”, China strengthens his role in the African market by making explanations in the style of our telephone open to those who want to meet ”. Like June (last month’s plans were like this), the Chinese president visits the country and stuck hands with Trump, but until June Crypto Coins And weakness in stocks may continue.
In the short term, what is hopeful for the crypto is that the current losses of the US markets exceed 5 %, while the expected recovery in bonds is not seen. If Trump sees a risk here, he can take an effort for communication with China by taking a step similar to the world.
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.