The encryption prices declined while the euphoria fades

Coded Prices have decreased sharply in recent weeks, and it is not expected to recover soon, with some of the largest digital currencies that contain all the gains they achieved after that. Donald TrumpThe election victory sparked a wave of excitement throughout the industry.

Some analysts said that the market is likely to remain defeated while waiting for a bullish sign, such as evidence that the American Federal Reserve is planning to reduce interest rates or a clear regulatory framework that supports rental from the Trump administration.

Bitcoin, the largest encrypted currency, decreased by 21 % of the peak of January 20, and returned to the levels that were seen shortly after Trump’s victory in the elections in the elections in November, as hope in obtaining the strategic bitcoin reserve threats and tariffs. Seek For speculative origins.

Other cryptocurrencies have decreased faster, as the ether fell more than 40 % since December. He decreased by Coinmarketcap data that sparked fears of conflicts with conflict concerns, which it launched days before his inauguration in a move that sparked concerns that conflict interests, decreased by 80 % of the peak of January, according to CoinMarketcap data.

The American President promised a wave of pro -Crochon moves during his campaign, pledging to be a “chief encrypted”. He pledged to create a national stock for Bitcoin while repairing the encryption regulations, and he called on encryption supporters Howard Lootnick and David Sachs to prominent positions within his administration. During the Trump era, the Securities and Stock Exchange Committee withdrew investigations into several encryption companies and brought down a lawsuit against Coinbase, the largest encryption exchange in the United States, but these moves had no little impact on encryption prices, and some industry analysts say expectations may be in Trump. In an executive order during his first week in his position, Trump ordered the creation of a coding working group charged with proposing new digital asset regulations and looking to create a national coding stock, to the dissatisfaction of some investors who were hoping to guide the United States to start buying bitcoin.

“The market is disappointed,” said James Bouteville, head of research at Coinshares Director.

He added that encryption prices face the opposite winds of more monetary policy and Trump’s threat of tariffs.

“This increases the uncertainty in this market, which does not help at all in Bitcoin at all. Until we get (clarity in the Bitcoin Reserve), I cannot see the prices recover greatly,” Boufille said.

Since the December Summit, nearly $ 1 trillion has been eliminated with the nominal value of the Crypto Global Market, with the total market value of about $ 2.76 trillion, according to CoinMarketCap.

Some investors had to reset expectations, with preliminary reports from a new encryption group from Trump, not at least another month.

“It seems that the initial excitement surrounding the Trump administration’s position supporting profit at a period of calibration,” said Jababi Silby, head of research in cystic fibrosis standards, one of the digital assets. index provider.

“In order for feelings to turn more decisively, it seems that a clearer or a major organizational framework – such as the additional (trading box) approvals or policy transformations – is necessary.”

SEC agreed to the first traded investment funds associated with Immediate price From Bitcoin last year, which robbed the cryptocurrency to a new standard.

However, some market monitors are as long as it was always.

Jeff Kendrick, an analyst at Standard Chartard, is committed to reaching $ 500,000, compared to a record increase of $ 109.071, before Trump leaves his office. He said this belief is the belief that new buyers will enter the market.

Regulatory deposits in the United States showed this while Hedge Kindrik added that the money remains the dominant buyers of buyers, banks and sovereign wealth funds as well.

The quarterly deposits showed that the asset managers have strengthened allocations for the federations of American funds associated with the instant bitcoin price in the fourth quarter of 2024, with the Mabadala Investment Company – the sovereign wealth fund in Abu Dhabi – was reported in a stake in Black Rock Iharis Bitcoin worth $ 436.9 million.