Market Update

Here is the reason that the prices of bitcoin and Altcoin may rise after the black Monday encryption

Bitcoin and most Altcoin prices continued the strong landmark on Monday as the market participants prepared for stagnation.

Bitcoin (BTCHe decreased to the lowest level in 74,428 dollars on April 7, its lowest level since November 6, and decreased by more than 31 % of its highest point this year.

Altcoins did much worse because many investors have left their sites. ethereum (EthIt was destroyed less than 1500 dollars and moved to its lowest level since 2023. The best later factors of coins such as berarakhain were (Pier), ZCash (ZEC), Litecoin (Ltc) And the maker (MKR).

The collapse of the continuous encryption market reflected the performance of the stock market, as both Dow Jones, Nasdaq 100 and S&P 500 decreased by more than 5 %, but it has regulated a return late in the morning.

These assets fell after Donald Trump remained determined as Definitions on the day of liberation It will continue, referring to the great American trade deficit. This trade war pushed more analysts, including those from Goldman Sachs to enhance recession.

Why Bitcoin and Altcoins may refresh after the Black Monday

However, there are two main reasons for the stock apostasy and encryption prices soon. First, there are signs that Trump is open to negotiations with other countries. In a statement on Friday, he said that Vietnam was ready to eliminate all definitions of American goods.

In another statement on Monday, he said that the talks were ongoing with Japan, a major commercial partner. Japan is now sending a team of negotiators to the United States, which may lead to a big deal, including the purchase agreement.

With the pressure on the American stock market, there is a possibility that Trump will search for a big deal with countries like China and those in the European Union.

Second, there is a possibility that the Federal Reserve will intervene as it did in the previous black swan events such as Covid-19 and the global financial crisis. Merchants expect Five discounts in interest rates this year, including the state of emergency. In a note, a Bloomberg analyst said:

“The Federal Reserve may soon have an option but to reduce prices. Definitions provoke the ghost of ugly inflation, but if growth is transformed in the form of a pear, the Federal Reserve will not have an option but to give priority to the economy.”

Therefore, a set of discounts in interest rates and commercial negotiations can help in contrast to the collapse of the continuous encryption market. For example, Bitcoin and Altcoins rose to record heights in 2021 after lowering interest rates in the Federal Reserve and carrying out quantitative dilution during the epidemic.

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