Bitcoin price A few minutes ago, after exceeding $ 86,000, he now turned his direction down again. At the time of the article, the price descending below 85 thousand dollars shows high volatility. The reason for the decline was the EU’s last -minute statement. In crypto coins The decline can be accelerated.
Why do crypto coins fall?
According to last -minute information, the European Union officials say that negotiations are not progressing at the desired speed. Failure to obtain the desired gains and the progress of the EU officials’ hopes of the disappearance of US tariffs undermined. In the previous statements, the White House officials say that the talks are progressing wonderfully, but the last minute information from morale is morale.
Before the tariffs were announced, the EU officials tried for negotiations, but fueled the fear by making a statement that “the US is not in favor of compromise”. The BTC went down for a short time below $ 85,000, and now the SP500 index is close to the 5400 base. If the United States is not a more conciliatory attitude, we can see more negativity in risk markets with a permanent tariff concern.
Davis Sacks is when the article was prepared Nvdia He wrote about the announcement;
“Under the leadership of President Trump, Nvidia and TSMC make great investments to increase the production of leading chip in the United States. This is not only economically useful, but also a strategic requirement.”
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.
