cryptoma markets under pressure: Bitcoin stable over $ 85,000, while retailers look at Trump's Liberation Day
<p> <strong> cryptoma markets under pressure: Bitcoin stable over $ 85,000, while retailers look at Trump's Liberation Day </strong> </p>
Bitcoin and the current developments on the cryptoma markets
In the past few days, Bitcoin has stabilized over the $ 85,000 mark, while the markets were preparing for the so -called "liberation day" of former President Donald Trump. On this day, a new wave of tariffs on imports from countries such as China, Canada and Mexico are expected. This led to a general nervousness among dealers.
Market development and mood
The entire market capitalization of the cryptoma markets was $ 2.837 trillion, which corresponds to a decrease of 0.83 %. The fear and greed index rose to 44, but remains in the area of fear. Many old coins were based on Bitcoin and recorded hardly or no significant profits.
reasons for the decline in cryptoma markets
retailers are concerned about the upcoming tariffs that could increase consumer prices and thus lead to an increase in inflation. Such developments usually act as a bearish catalyst for risky systems such as Bitcoin. Some dealers remember the strong devaluation of Bitcoin in early March when the tariffs were imposed on Canada, Mexico and China and the price fell from $ 105,000 to $ 92,000 overnight.
Although the tariffs aim to reduce the US trade deficit and to promote domestic production, many actors fear that international tensions could cause a risky mood. For example, the gold price today reached a record high of $ 3,150 per ounce, while Bitcoin is still considered a risk.
future prospects for Bitcoin
According to the trading company QCP Capital, the current customs announcement could be part of a long -term bear -in phase. The company warns that retaliatory measures from countries such as China and Mexico could further destabilize market developments. QCP analysts expect risky assets to be under pressure until further notice.
Some market observers, however, set the hypothesis that economic swings could have a positive effect on Bitcoin. If the growth is noticeable, the Federal Reserve could be forced to reduce interest rates and take measures for quantitative loosening, which has often led to strengthening cryptocurrencies in the past.
technical analysis
According to REKT Capital, Bitcoin is about to have a potential outbreak after it recently held over the downward trend line. A stable position above this line could signal a turning point towards new upward trends. Bitcoin noted at 87,000 dollars at the time of writing, with a support line at $ 84,000 being considered critical.
old coins in focus
The Altcoin market grew by 5 % to $ 1.15 trillion in the last 24 hours. While some important old coins such as Ethereum (ETH) and XRP recorded moderate losses of 1-2 %, the EOS token rose significantly due to the hype about rebranding to Vaulta. The focus here is because it focuses on blockchain-based banking.
Other tokens such as Raydium (Ray) and Ondo (Ondo) showed only small profits without clearly identifiable catalysts.
FAZIT
The current market situation shows both risks and opportunities for investors in the crypto sector. The developments related to tariffs and geopolitical tensions play a crucial role in the market mood. Investors should remain active and closely observe the further development, especially with regard to possible price movements at Bitcoin and other old coins.