Due to the early market holiday, volumes have been weak and weak since Friday. BTC Over $66 thousand. Although the decline stopped as there was no news of major attacks over the weekend, the deadline set by Trump officially expires tomorrow. Hectic days await crypto money investors.
Bitcoin (BTC)
Struggling to maintain 66 thousand dollars as support for 3 days Bitcoin successful for now. The price, which lingered in the lower range of the channel, moved similarly between February 9-23 and then touched the bottom of $ 63,200. The conditions are very suitable for the same thing to happen in the coming days.
First of all, after the April 6 deadline passes and the US F-15 is destroyed on Friday, Trump must launch a spectacular attack as of Monday. The deadline, which was postponed for the second time, was postponed for the last time due to hopes for a ceasefire. trump In his address to the nation, he said that their work in Iran would be finished in 2-3 weeks and that they would put an end to it. If we combine this statement with the rhetoric of “we will send them to the stone age”, we should expect big things in the coming days.
Additionally, we will see the financial effects of the war reflected in March in the inflation data coming on Friday. US citizens are reacting to the price of gasoline exceeding $4 per gallon, and this is sure to increase inflation. Since the latest employment data is better than expected, next week may be the period when interest rate cuts are off the table.
At the time of writing, Trump announced that the pilot of the F-15 plane was rescued by US forces.
“WE FOUND IT! Dear Americans, in the last few hours, the US Armed Forces have conducted one of the most daring search and rescue operations in US history. This operation was for one of our amazing crew members, who was also a highly respected colonel and who I am delighted to inform you is now SAFE!
At my direction, the US Army sent dozens of planes equipped with the world’s deadliest weapons to rescue him. He was injured, but is in good condition. This miraculous Search and Rescue Operation was in addition to the successful rescue of another brave pilot yesterday; We did not confirm this because we did not want to jeopardize our second rescue operation. “For the first time in military history, two US pilots were separately rescued deep in enemy territory.”
Cryptocurrencies
The winner of the week was ALGO, gaining more than 40% again after a long period, the price is above $0.118. The second winner of the week among the top 100 cryptocurrencies was DEXE, with a 26% increase. VVV, BSV, M, ZEC, RENDER, VET, JUP also achieved double-digit gains. Altcoins that make such rapid gains are likely to lose more quickly if the expected scenario occurs next week, because this will push short-term investors to sell profits.
SIREN This week it experienced complete devastation. Although it rose 141% on the daily, its weekly loss is still over 66%.
Since US markets were closed on Friday, ETFs were not open for trading. However, on Thursday, April 2, ETH experienced an outflow of over $70 million, while BTC saw an inflow of only $9 million.
