Crypto News

Bitcoin passes in addition to $ 101,000 How Cripto backs back

The Cripto Market came to life On Thursday, as investors continued to buy risky property such as cryptocurries and growth actions. The transition of the federal reserves not to change the interest rates yesterday played a role, but so, and there seems to be the ideaing ideas to mitigate trade tensions.

At 14:30 ET, Bitcoin (Btc 5.40%) is 5% in the last 24 hours, Ethereum (El 18.39%) has jumped 13.8% and Dosekoin (Exaggerate 12.79%) is 10.8%.

Digital Bitcoin on the screen.

Image source: Getty Images.

Trade offers, interest rates and crypto

The biggest news about yesterday was a federal reserve the rate of Fed funds at 4.25% to 4.5%, which was what the market was expected. But President Trump pushes at lower rates, while tariffs by inflation, the fact that the market consisted of tension between the two.

As a sign that tariff tension can facilitate, President Trump announced today trade in the UK, which is really more framework with the details that will later work out. The agreement reduces some import tariffs on pharmaceutical products and cars, retaining 10% of tariffs on all imports in place.

The agreement is not very broken and leaves a lot of detail to negotiate, but the market is forwarding how investors ask what will soon announce more “offers”. The Fed will soon start worrying about inflation that caused tariff and look at the weakening of the economy, leaving the central bank to reduce the rates.

BlocCchain DeveloIs continue

Despite the speculative nature of the daily trading on Blokcain, there was some positive news for these cryptocurrency as it refers to usefulness. Etherum’s Pectra Upgrade aims to provide greater scalability for Blockcain, which is needed considering a slow speed and high costs for the use of Ethereum.

Dogecoin got some positive news when Dogeos raised 6.9 million dollars to build the Dogecoin application layer. Dogecoin is still a meme coin, but some developers want to give more usefulness.

The role of Bitcoin as the largest, the most stable cryptocurster remains despite relatively small use of use. But that’s why investors call it digital gold.

Where does Cripto go out of here?

The speculation on the market was pushed by crypto higher together with growth actions, helped a solid season of earnings. But tariffs announced in early April will not affect work until the second quarter, and the empty shelves will not see for months in retail.

This could be a kind of bounce that is unsustainable if the economy turns south, as companies and governments reduce staff. In April, there were 105,441 dismissals, according to the report of challengers, gray and Christmas, 63% more than a year ago. About half of these reductions was from the government initiative for Dog.

We have seen previous recesses that there is a lag behind the events and economic influences that causes. In March 2008, Stearns crashed, and the market would not be the bottom for another year. There will be multimonth lags between dismissal and tariffs and their ultimate economic influence.

I’m skeptical for this rally for this reason and I think the market may already come out in Somi 2025. years.

Travis Houm There are positions in Ethereum. Motley fool has positions and recommend Bitcoin and Etherum. Motley fool has Disclosure policy.

https://g.foolcdn.com/editorial/images/817710/bitcoin-digital.jpg

2025-05-08 22:59:00

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