The cryptocurrency market is under high stress. Bitcoin, sliding below USD 100,000 Surprised by economic uncertainty imported by the novel wave of US President Donald Trump. Investors are now on the edge, observing with concern, because global markets react to growing commercial tensions.
Tariffs cause market anxiety
Financial markets have been shocked by Trump’s movement to fees 25% tariff In the case of imports from Canada and Mexico, as well as 10% tariff for Chinese goods. The already affected nations responded to rapid retaliation that increases the possibility of a full -fledged one Trade war. In addition to the boost in oil prices, the stock market reaction was earnest, with a clear decrease in Futures in American wrestling.
Bitcoin drops to a level of 93 thousand. USD
Even Bitcoin, which is often considered to be protected against more conventional market variability, was not released. The largest cryptocurrency has fallen The lowest point in three weeksFor almost $ 93,500. When investors were going back to assembly uncertainty, other significant digital currencies such as EthereumThere were also significant declines.
Sale of cryptocurrency chooses speed
The decrease in Bitcoin prices accelerated with the boost in economic uncertainty. According to Glassnode, long -term owners, according to Glassnode data, which indicate a change in moods. The market is becoming more and more careful and terrifying, because analysts warn that more declines may be inevitable.
BTCUSD trading at $93,900 on the daily chart: TradingView.com
Bitcoin investors are strictly monitoring the level of support of USD 90,000, with fears that a significant decrease below may boost prices in the direction of USD 80,000. Currently, Bitcoin has dropped by about 15% compared to the record record on January 20, 109 350 USD. However, experienced traders perceive such amendments as normal in bull markets, where withdrawal of about 30% was common.
However, the fall does not make everyone go crazy. Robert Kiyosaki, a well -known investor and financial author, considers it the possibility of buying:
Trump Tarrifs begin: gold, silver, bitcoin can break down. GOOD. I will buy more after price failure. The real problem is debt … which gets worse. Akwar, which is to mean that the assets are on sale. Time to get luxurious.
– Robert Kiyosaki (@therealkiyosaki) January 31, 2025
The world is preparing for greater variability
He feels the general financial landscape crunch. Recently applied tariffs have exerted further pressure on the supply chains, which causes the worst fear of increased inflation and the slowdown of the economy. Given the cautious position of the federal reserve with monetary policy, investors are exposed to intensive variability in the coming weeks.
Canada and Mexico have already announced the remedies of Trump’s tariffs, and China suggested possible economic retaliation. Market experts believe that if voltages are escaped, risk assets, including bitcoins, can see further decreases before stabilization.
A distinguished picture from Gemini Imagen, chart from TradingView
