Market Update

Low BTC, ETH, XRP prices like Nasdaq

The encryption market continues in its strong strong direction, as the fear and greed index decreased after the “Liberation Day” speech in Donald Trump.

Bitcoin (BTCIt has been destroyed by 3.5 % in the past 24 hours, as it approached decisive support at $ 80,000. Likewise, ethereum (EthThe price decreased to $ 1765, while ripples (XrpLess than the main support decreased on $ 2.

The total market value of all cryptocurrencies has decreased by 4 % to $ 2.6 trillion, which means that investors have lost more than one trillion dollars in recent months.

The encryption prices decreased with the collapse of the stock market. After thirty minutes of the opening bell, the NASDAC index decreased by approximately 4.7 %, the S&P 500 index decreased by 3.78 %, and Dow Jones Industrial was 3.4 %.

These assets decreased after Trump’s handover Definitions on the day of liberation That was harder than expected. The imposition of the minimum customs tariff by 10 %, as China and the definitions of the European Union reached 34 % and 24 %. Trump also imposed a 25 % tariff on steel, aluminum and parts.

Therefore, there is a risk that this customs tariff will lead to stagnation in the United States and other countries. Polymarks possibilities From the American recession in 2025 it rose to a record level, while the Lombard analyst TS He said:

“The imposition of definitions is not a moderate pasture event, as this is a turning point that results from stagnation-if this tariff remains in place.”

BTC, ETH and XRP prices to rely on the federal reserve

Historically, risky assets such as cryptocurrencies and arrows decline immediately after the black swan events.

The shares decreased sharply at the beginning of the global financial crisis in 2008. Likewise, the shares and encryption decreased in March 2020 when the World Health Organization declared Covid-19 global bases.

Either way, the market began to recover only after the Federal Reserve. The Securities Market witnessed a ten -year gathering after the 2008 crisis, while both shares and encryption recovered strongly after criticizing the federal reserve from interest rates in March 2020.

However, in this case, the Federal Reserve may decide to accelerate interest rate discounts if the United States sees the recession. Also, Donald Trump may decide to present Rescue operations To the main sectors such as cultivation, which leads to more money supply and high asset prices.

Therefore, while BTC, ETH, XRP and other altcoins may continue to decrease in the short term, a recovery cannot be excluded if the Federal Reserve interferes.



https://crypto.news/app/uploads/2025/03/crypto-news-bear-trading-chart-option03-1380×820-1.webp

Related Articles

Leave a Reply

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

Back to top button