On the first trading day of the week, global markets gave two -way signals: the biggest crypto currency Bitcoin $105,640.39 While watching around 105,650 dollars horizontal, Asian stock exchanges gained speed with optimism on the US-China trade negotiations. The Doji Candle Formation of Sunday highlighted the indecision of crypto currency investors. The seven -day average of the in -chain transactions approached the lowest levels of one year, while the transaction volume remained weak. In Hong Kong, the Hang Seng index increased by 1.3 percent and has exceeded 24,000 points for the first time since March and the risk appetite recovered throughout Asia.
Bitcoins and Altcoins Started next week
Bitcoin is traded on a narrow band around 105,650 dollars after a short -wick candle on Sunday. In -chain activity, according to blockchain.com data, approached the bottom of the last year in the weekly average and made it difficult for the price to gain upward acceleration. Some miners include even low -paid transactions such as 0.1 SAT/etc. in the blocks.
Although the XRP declined in mid -May, it exceeded the trend line, but withdrew to $ 2.24 and depreciated by more than 1 percent; The Apex 2025 Conference in Singapore is expected to remain high in the week. Doge dangled below the 100 -day average and fell to $ 0.18; The weakening transaction volume reinforces the non -direction.
Trade negotiations carrying the Asian stock markets rise
The Hang Seng index increased by 1.3 percent and exceeded 24,000 points; KOSPI and Shanghai Composite were also positively closed. Yükseliş accelerated with the expectation that high -level trade delegations in London will discuss tariffs on the table.
Forexlive analyst Adam Button said optimism in the markets to the highest level since Trump’s election victory ”. US President Donald Trump said that the talks would be “very well”, while these statements supported the Asian risk appetite.
Inflation concerns and Global Central Bank Steps
In China, consumer prices decreased by 0.1 percent annually in May, increasing the concern of deflation; Producer prices declined by 3.3 percent and continued the longest decline series after 2008. Robin Brooks from Brookings Institute stressed that US tariffs pushed China to deep price pressure.
China’s Central Bank has reduced the key interest rates to 10 basis points in May and gave a liquidity step signal while going to relaxation in a must. The markets are now monitoring the US CPI data to be announced on June 12; The expected 2.5 percent headline increased Fed’s interest rate reduction expectations may rasp.
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.
