BlockChain News

Bitcoin is hovering at 85 thousand dollars, while Waller suggests at the Federal Reserve Bank discounts in “bad news” prices if it resumes definitions

Bitcoin (BTC) gently to Monday, as the broader market adapts to trade -related news.

The largest coded currency has increased by 1.6 % in the past 24 hours, and is now trading shy at $ 85,000. Meanwhile, Ether (ETH) increased by 2.7 % in the same time period to $ 1630. The CoINDESK 20 is a wide market-of the best 20 coded currencies through the market value except Stablecoins, Memecoins and Exchang Coins-made 1.2 %, led by gains in SOL and Avax.

After a few weeks of the wild, the stock market also increased today, as the Nasdaq Stock Exchange closed a 0.6 % increase and the S&P 500 increased by 0.8 %. MSTR and MARA Holdings (MARA), led between encryption stocks with about 3 % gains.

The modest gathering came at a time when the Federal Reserve Governor Christopher Waller indicates that the return of the original definitions of Trump will lead to a need for significant discounts in the prices of “bad news”.

“[Tariff] Waller said that the effects on the output and employment may be longer than the front and an important factor in determining the appropriate position for the monetary policy. In a speech. “If the slowdown is important and even threatens the recession, then I expect to expect to cut the FOMC policy price soon, and to a greater degree of what I previously thought.”

Fears of mitigating more concerns were the European Commission, the executive arm of the European Union, to be sure To stop the reprisal tariffs on American goods, at a value of 21 billion euros until July 14 “to allow a space for negotiations.”

The possibilities of the United States and the European Union will reach a commercial agreement to avoid definitions that rose to 65 % in the Blockchain -based prediction market Polymarket After US President Donald Trump stated that the deal was in business.

Bitcoin’s basics recover

Bitcoin’s relief rally stopped from tariff disorders last week $ 85,000 resistance levelBut the network improvements that stimulate their hopes of collapse, Swissblock Technologies noticed Crypto Analytics.

“Since March, we have seen a fixed flow of new participants,” Swissplock analysts wrote in the broadcasting of Telegram. “Liquidity stabilizes, there are no regular fluctuations from early 2025.”

“Once the liquidity scale is higher than 50 lines, the procedures in the short term tend to pursue strength,” Swissplock analysts said. “With the alignment of network growth, not only the main levels are reconsidered, but are assembled.”

They concluded that “this is the type of structural support that supports sustainable gatherings.”



https://cdn.sanity.io/images/s3y3vcno/production/7be783348c8aefb3633b17ff7310d04955d5593c-2308×1222.png?auto=format

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button