Altcoins continue the day in red and BTC continues to close below $ 90 thousand. Preparing to enter the weekend with a decline again Bitcoin With weakening volumes, the next 2 days may increase altcoin losses. So how are US markets starting the new day? What are the expectations for cryptocurrency investors?
US Markets
After a volatile trend throughout the week, stocks are in good shape due to the Greenland issue being largely resolved. trump Again, he negotiated at the highest level and settled for less, but what happened to cryptocurrencies again in this process. Futures were little changed, with the index down about 0.4% on a weekly basis. Intel lost double digits after reporting ongoing production problems.
The dollar is experiencing its weakest week in the last 7 months and USA centered risk aversion determines this. The fact that pension funds have started selling US bonds, especially in Europe, has not caused major problems for now, but if it continues, Trump said yesterday that he would take action.
While long-term confidence in U.S. stocks remains intact, investors are increasingly showing interest in markets that offer greater stability and clearer catalysts. 10-year bonds approached their highest level since September. Meanwhile, gold failed to sustain gains after briefly rising above $4,950 per ounce. Still, it is preparing to show its strongest weekly performance since the first days of the pandemic. This situation reveals how harsh the environment of uncertainty is.
Cryptocurrencies
Michigan expectations will come at 18:00, but this does not mean much since the interest rate decision has already been determined. Announcements that China may pass the Nvidia H200 order may be the only big price catalyst today. We need to see more details on the subject. Binance MiCA applied for its license in Greece and if it receives approval, it will be opened to the EU.
BTC is around $89 thousand and dropped to $88,515 in the last 24 hours. ZRO It is the only altcoin to achieve double-digit gains among the top 100 cryptocurrencies. AXS regained $2.7 with a 9 percent daily increase and increased its weekly gains to 116%.
