Bitcoin reaches 82 thousand dollars with ease of geopolitical risks

After a harsh start to the week, Encryption Finally, signs of life appear. A wave of new optimism achieved $ 89 billion in the market, which prompted its total value to $ 2.61 trillion. But will this momentum continue? The next big test lies at the resistance level of $ 2.63 trillion.

Bitcoin, which briefly decreased to less than 80,000 dollars, has returned to work – now aimed at $ 85,000. But there is hunting. Firstly, it needs to exceed $ 82,761, a major obstacle that traders closely monitor. With the transformation of market morale, what nourishes this sudden shift?

Let’s divide it.

What happened in encryption today?

One of the biggest reasons behind this gathering was the Ukraine’s agreement to stop a 30 -day ceasefire after talks with US officials Bloomberg. This step eased global tensions, reassuring investors who were ready due to geopolitical risks.

In another positive transformation, Ontario announced that it removes the customs tariff by 25 % on electricity exports to Michigan, New York and Minnesota. This decision helped reduce trade tensions, which were weighing financial markets.

American political leaders also intervened to calm investors. Parliament Speaker Mike Johnson urged patience with President Trump’s economic policies, indicating that she will bring stability in the long run. In addition, the White House press secretary Caroline Levitte assured investors that the last market turmoil was temporary and that the economy was going through a transitional stage.

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Decrease

Earlier in the week, the encryption market faced heavy losses, as it paid nearly one billion dollars to liquidate Bitcoin and ethereum To the lowest monthly levels. However, the situation has improved significantly.

In the past 24 hours, Total liquidation He decreased to $ 384.4 million. From this, $ 138.2 million came from long positions (traders are betting on price increase), while 246.2 million dollars were short positions (bets on decline).

Bitcoin led the recovery, climbing 3.6 % to trading at $ 82,299. According to Coinglass data, the total Bitcoin 186.7 million qualifiers, with most sellers forced out on the out of prices with high prices. ETHEREUM has seen a similar trend, with $ 73.6 million in the qualifiers, almost equally divided between long and short situations.

Will the market remain strong?

The recovery of the market was driven by political stability and alleviating economic tensions, but investors are still cautious. While a decrease in liquidation and Bitcoin price Recovery are positive signs, and the additional market movement will depend on how global economic conditions are evolved. Any new geopolitical risks or economic policies still affect market momentum. Currently, encryption traders closely monitor to see if this recovery can carry or if there is more fluctuations on the road.

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