Bitcoin $101,295.16 price He returned to $ 101,700 and the oil declined. Even oil did not believe in Iran. Now we need to see recovery in the markets. If the US does not give a harsh response to Iran and Israel does not increase the dose of attacks, the agreement is expected to be signed soon.
Why are crypto coins rise
2 since Friday Fed Member said we could go to interest rates in July. Now the third Fed member Goolsbee said we should go to interest rate cuts. This is great for crypto coins.
On the other hand, Iran’s missiles, which informed Qatar before the attack, did not have a major consequence, and the oil price fell by saying “tension will not increase”. Iran is almost the public’s gas and paves the way for the upcoming Israeli agreement. Although many critical points of the country are destroyed and the murder of senior executives, the Iranian seems to have not climbed the tension.
The oil graph above tells us that the possibility of an agreement is strengthened because it was returned to their levels on Tuesday almost last week.
Fed Member Goolsbee said;
“The impact of customs duties so far is not as bad as it is feared. The effect of customs duties has been lightened by lowering levels and exemptions. Customs duties had less sudden effects than the past. Customs duties will affect inflation at the moment.
If the uncertainty about customs duties disappears, we should continue the interest rate reduction. (The third FED member who has been asking for a discount since Friday) “
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.