
Bitcoin was widely flat on Wednesday, with encryption markets awaiting details of planned definitions Donald Trump.
The White House describes April 2 “Editing Day,” With the appointment of the President to issue an advertisement at 4 pm, during the time of time Make America rich again It happened in the White House garden roses.
On the horizon, the uncertainty about products imported to the most affected United States – as well as countries that will be the most difficult blow.
European stocks were trading in the period before the Trump title, and according to BloombergMany Wall Street companies expect the increasing fluctuations in the S&P 500 with details appear.
This may be a problem in Bitcoin, as the sales of the stock market tends to have a negative impact on the largest encrypted currency in the world.
At the time of writing this report, Bitcoin price It gained 1.1 % and was approximately $ 85,000. At the same time, and Ethereum price It lost 0.2 % during the past day. ETH is currently changing hands for $ 1,880.45, according to CONINECKO data.
Data from Newhedge Suggest The fate of BTC and American stocks are closely linked. On a scale from -1 to 1, the link is currently 0.74, indicating that both markets always move in the same direction.
In a note I saw DecipherThe lead analyst BRN Valentin Fournier warned against threatening a global trade war, prompting institutional investors to expand the scope of risk. Tuesday witnessed the flow of $ 158 million of investment funds circulating in the immediate price of BTC, According to To sosovalue.
It is worth noting that the rotation of the capital coincides with new flows in gold, as investors surrounded the uncertainty surrounding the advertisements of “Tahrir Day” next to Trump.
Fournier continued to note that Bitcoin’s dominance, indicating its share of the total encryption market, is 61.8 %. This is compared to 52.3 % a year ago-which indicates that merchants come out of the least well-known altcoins, and CoinmarketCap data He appears.
With Run Bull Bull Run on ICE, the broader question is the duration of the Trump tariff campaign and whether the stalled markets will force the president to change TACK.
Meanwhile, the United States Work Statistics Office Employment numbers are scheduled to be released in March on Friday morning. Junction Report Estimates winning In February, BLS data showed that the unemployment rate still rises to 3.9 %.
Nigel Green, CEO of Devere Group, believes that the president will have to retreat during the next 6 to 12 months because this policy risks “strangling global supply chains and long -distance hiking prices for American consumers.”
He warned that “history teaches us that commercial wars are easy to start, but it is difficult to win, and that early signs of pressure are already visible through the markets and halls of the Board of Directors.”
Green went on to say that the reflection is “almost inevitable” because “the markets are looking for clarity, the need for stability, and consumers require relief.”
Edit Stacy Elliot.
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