Global markets suffered a major fluctuation after former US President Donald Trump threatened 50 percent of customs duties to the European Union (EU). Bitcoin $111,030.01With the effect of this development, a 4.5 percent decline in 24 hours, fell below 110,000 dollars. According to analysts, especially in the New York session, sales launched a significant downward movement in crypto markets.
Trump’s customs duties statements and market reaction
Donald Trump’s statements brought up the concerns of trade wars again. Trump, at a press conference on Friday, said he would not make a trade agreement with the EU, while the European Union said he could consider postpone the customs duty application if he sets factories in the United States. Following these statements, sales pressure in the crypto market increased rapidly.
“I will not make an agreement with the European Union. But if they build factories in the USA, I can consider postpone the implementation of customs duties.” – Donald Trump
Such explanations led to fluctuations in the trust of investor. In particular, the reunion of trade wars, creating uncertainty in the financial markets, while crypto currencies also volatility. Analysts point out that investors may move away from risky assets in this environment.
Leveraged positions and the latest situation in Bitcoin
According to the crypto analysis platform Coings, the leveraged positions took place in leveraged positions during a sudden price drop on Friday. This figure has been recorded as one of the highest quittance quantities in the crypto markets. Investors who traded with leverage were intensely affected by this hard movement in the price.
The price of Bitcoin was traded at $ 107,739 at the time of writing. Analysts say that the uncertainty continues despite the fact that the price tends to recover. In particular, the slight rise in the Asian session indicates that although some of the losses are compensated, a cautious atmosphere is dominant in the market.
Technical indicators reveal some important levels of support and resistance for Bitcoin. Some investors consider the price of the price above a certain level as a possible recovery sign. However, market players are generally cautious.
Effects of Markets and Developments on the Future
According to experts, the fluctuation is expected to continue for a while, especially in the markets, including crypto currencies in the markets after Trump’s statements. Investors continue to monitor the long -term effects of pressures on trade between the US and the EU. In the future, both the Policy decisions to be taken by the US side and the EU’s reactions will be closely monitored in terms of market mobility.
It was once again observed that volatility in crypto money markets was sensitive to political developments. Experts state that it is important for investors to closely monitor political explanations and international developments. Risk management and market tracking are of great importance in such fluctuations.
Bitcoin’s sudden decline once again showed that Trump’s tax statements on EU can create great and rapid mobility in financial markets. Investors should consider that crypto asset prices may change rapidly due to global political developments. It is important to be cautious against short -term shocks and to limit the losses.
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.
