Market Update

Today’s encryption prices: Bitcoin tops 84 thousand dollars before the American tariff, Trade Trade mixed

The main cryptocurrencies showed mixed trends on Wednesday, as investors closely saw the imminent tariff for US President Donald Trump, raising concerns about a possible global trade war.

The markets are preparing for the details of the new mutual definitions that are revealed at 1:30 am, which may enter into force immediately. Trump has already imposed a tariff on aluminum, steel and cars, as well as increasing duties on Chinese imports – which shook financial markets amid fears of economic slowdown.

As of 11:23 AM, Bitcoin It was trading at 84,196 dollars, an increase of 1.3 % in the past 24 hours, while ETHEREM gained 1.1 % to $ 1862. generally Coded The market value increased by 0.46 % to $ 2.7 trillion.

Encryption

“The declaration of Trump’s tariff can significantly affect the momentum of the encryption market. The increased uncertainty in the global financial markets has increased from bitcoin’s association with traditional assets. BTC is currently decreasing to $ 85,000 as some investors turn to traditional assets to hedge against traces of commercial war.”Alancar Saxina, co -founder and CTO in Mudrex, noted that “RSI Bitcoin has recovered from the sales levels, indicating more bullish trend if the momentum continues. However, Trump’s advertisement may affect the direction of the market.


Also read: Blackrock for the first time Bitcoin exchange producer in EuropeBetween the pioneer altcoinsXRP, BNB, Solana, Dogcoin, Toncoin, ChaINLINK, Avalanche, Shiba Inu increased to 4 %, while Tron, Uniswap and Pepe increased. The trading volume increased by 6 % to 28.79 billion dollars, while Stablecoin transactions constituted 94.5 % of the total encryption trading, amounting to 75.1 billion dollars, according to Coinmarketcap.

“For Bitcoin, the seizure of more than $ 83,500 is the key to maintaining its upper structure. A decisive break exceeding $ 8,500 can open the door for further bullish direction, although unification in the short term remains. In this environment, disciplined risk management is very important,” said Raya Siegal, a research analyst in a exchange in Delda.

Also read: Bitcoin and Psychology of wealth: Robert Keusaki about the reason most people remain poor

(Leave responsibility: Recommendations, suggestions, opinions and opinions that experts make are their own. These are not the opinions of economic times)

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