We started the second Sunday of April with relatively more positive markets and Bitcoin is over $ 84,500. Although it is difficult to talk about a clear return, the closing of the price of BTC from higher levels is motivating for investors. The effect of tariffs is weakened. So what’s the last situation?
Bitcoin (BTC)
With the influence of tariffs, we see that the markets that make a bad start to April are now recovering. Thus Fed While its members say they will not hesitate to intervene at the point where they need, many indicators show that short -term inflation concerns are fueled by fear of recession.
Yesterday Chinese Trump, who stepped back for tariffs, stopped sanctions on some products. Moreover Trump We see news based on internal resources that there will be interviews between the Chinese President). We said in April warnings that mutual continuous tariff increases will evolve into a vicious circle before they just started.
At this stage, the appearance is positive as the US President began to step back with the concern of recession and even depression as a result of panic in bond rates. If the progress is made with 70+ countries negotiated in the coming days and the approval of the 15 trade agreement that is said to be on the table is completed, the increase in crypto currencies is expected to begin with the fear of the fear in the markets. The key point for Bitcoin is $ 88,500.
Crypto Coins Comment
In the first quarter and in April Your crypto coins The only main reason for not showing the desired performance was the tariffs. The crypto was expected to tend to pricing early and excessively. The fact that the basic problems of the crypton have been solved, Trump’s important steps in crypto and so on, and so on, all of them were overshadowed by tariffs. So the dissolution or progress of tariffs means that we will see the necessity of the appropriate rise environment for crypto currencies.
HNT, Jasmy And crypto currencies such as EOS are among those who have acted early with their rise in the last 24 hours. Although the volume is weakened compared to yesterday, it is good with 75 billion dollars compared to last week. The total market value of crypto currencies is on the threshold of 2.7 trillion dollars. The fear index is in 32 and to normal.
The eyes of the crypton will be in the future of the tariffs today and in the coming days. During this period, we are likely to see speculative movements and investors should be prepared for high volatility in both directions.
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.
