Market Update

“The state of national emergency”, such as Trump’s definitions of encryption prices

19 hours ago
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"The state of national emergency", such as Trump's definitions of encryption prices

The encryption markets decreased after US President Donald Trump announced the national emergency and comprehensive definitions of all countries as part of his last sulfo in the ongoing trade war.

The Trump administration has struck everything Countries with customs tariffs by 10 % starting from April 5With some countries facing greater rates, such as China faces a 34 % tariff, the European Union 20 %, and Japan 24 %.

During the April 2 speech in the White House garden, Trump He said The United States ships the countries “nearly half of what they are and they were receiving us.”

the Encryption He briefly rose in 10 % comprehensive tariff news, but once the full range became known, it decreased with bleeding in all fields.

Bitcoin (BTC) king A mass rally was organized, as it reached a hearing at 88,500 dollars but Decline 2.6 % return to about $ 82,876. Meanwhile, Coingecko data He appears Ether (EthMore than 6 % of $ 1,934 decreased to $ 1,797 after customs tariffs and the total encryption market cover Decline 5.3 % to 2.7 trillion dollars.

Crypto Fear & Greed Index, which measures the market Bitcoin feelings And other encrypted currencies, Return Class 25, it was ranked as intense fear, in its last update on April 2.

However, the prices have fallen into some losses since then. Bitcoin regained 0.8 % to $ 83,205. While the ether regained 1.2 % to recover $ 1810.

The degree of Crypto Fear & Greed has returned to the average fear classification during the past week, but it has now decreased to great fear. source: substitute

Stock markets were not much better; Cubesi message trading supplier He said In a publication on April 2 to X that the S& P 500 stock market index wiped more than $ 2 trillion from the maximum market, and operates about $ 125 billion per minute.

Trump’s tariff can bring certainty to the markets

The brief increase was a state of “uncertainty”, then a sale, as the full tariff details were released.

“On the BTC markets, the trading volume increased by 46 % with local traders’ stampede to re -placed,” she said in a statement.

source: Dan Tafir Trading

She added that if China or the European Union retreat strongly, “” Another round of panic is expected.

US Treasury Secretary Scott Pesin Urging Commercial partners in the United States in an interview on April 2 with Bloomberg against taking revenge steps, on the pretext of “this is the supreme party to the number” for definitions if they do not try to add more response fees, which may provide a “ceiling” and the certainty of the markets.

David Hernandez, an investment investment specialist in Crypto 21Shares Asset Director, told CointeleGraph that the markets witnessed great fluctuations during Trump’s speech, but clarity may be a good thing in the long run.

He said: “Although the tariff rates were slightly higher than expectations, the declaration provided a clarity that affects the need for the scope of politics and its size.”

Related to: 70 % is an opportunity to encrypt before June amid commercial concerns: Nanson

“The markets are thrived for certainty, and as speculation is now largely removed, the founding investors may see an opportunity in the coming days to take advantage of the compressed assessments.”

Hernandez says that global responses will be essential to the market to move forward, equal to the economies of Mexico and the Eastern car, including China, South Korea and Japan, can evaluate counter -measures.

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