The tariff fears can reduce one of the most powerful Bitcoin months in the year
Investors regain volatility in February and are scrambling to put themselves to a global trade war. Bitcoin enters one of the most famous of which is the year. It ended in green in all February 2013, with an average of 14 % during the month during that period, according to Coinglass. January ended with 9 %. This year, investors enter February with a set of positive news that should give them comfort through any fluctuations coming from macro. However, the bitcoin price procedure may not be optimistic as usual. “A dark cloud descended in the form of a comprehensive tariff via bitcoin and encryption at the beginning of February, which is exposed to the risk of its mark as one of the most famous Bitcoin,” “Anthony Trinchiv, co -founder of Crypto Excination Nexo. Owen Lao of Obenheimer said that the uncertainty about the customs tariff, which is that It comes with the risk of inflation, it can add pressure to Bitcoin and Coinbase in the next few weeks. The industry is under pressure for this month. ”Bitcoin fell during the weekend after Trump fell something that imposes a 25 % tariff on imports from Mexico and Canada, in addition to a 10 % duty on goods from China, but he regained some of those losses as soon as the states agreed United on Monday is to stop its duties in Mexico and Canada. Trinchive said: “It is not possible to exclude more cutting in this uninterrupted geopolitical environment, and we will not be able to say that Bitcoin has moved in this disorder until $ 110,000 was wiped.” The United Federal Reserve is another reason for not being cautious on the wind as we analyze every part of the economic data over the next six weeks before the next FOMC meeting. ” . “The industry has not obtained everything you want (for example the strategic Bitcoin reserves), but we are now residing in a friendly environment for encryption in the United States that open the door to innovation, organizational clarity and favorable price rear.” Last month, Gary Ginsler, Chairman of the former Securities and Stock Exchange, left his position, and took advantage of its president, Donald Trump, Commissioner Mark Oida, an ally of the encrypted industry, as a temporary president until Paul Atkins is confirmed to this role. Uyeda will lead an encryption workplace to develop clear industry regulations. The Securities and Stock Exchange Authority also canceled the SAB 121 accounting base, which requires financial institutions to deal with cryptocurrencies as a commitment to their public budgets. Finally, Trump signed an executive order on Crypto, with criteria on how the industry continues to work and prosper in the four days of the United States in the new month, Trump signed another executive order specifying plans for the government -run sovereign wealth fund, which the encryption fans speculate will be kind From the box that can include the property of the encrypted government confiscated. On Tuesday, Republican Senator Bill Hajari proposed from Tennessi new rules for Stablecoins. This afternoon, Crypto and AI CZAR DAVID SACKS hold a press conference where it is expected to reveal many plans and developments related to encryption. GrayScale Zach Pandl acknowledged that there is some disappointment in industry in Trump’s executive matter about Crypto, who called for planning about strategic Bitcoin reserves instead of launching one. However, the matter outside this topic, the industry gave all clarity that should be confident that the Trump administration will support the development of encryption in the United States. “The market has not fully interacted with the executive order and its effects on the industry,” Bandel said. “So in February, I expect the long effects of Trump’s executive order to drown the encryption investors and perhaps obtain new investors to originate the capital in the first place.” However, he has warned that high customs tariffs and uncertainty about artificial intelligence assessments can affect the stock market “for some time”, which can decrease the prices of encrypted currency. “Investors may reduce risks in all fields, including in encryption,” he said. “However, Bitcoin is one of the global assets and is not directly affected by high tariffs. Moreover, the intense use of definitions may increase the part of the dollar -based global financial system, and may lead commercial partners to search for alternative funds and payment systems.”
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2025-02-04 21:18:00
