Donald Trump’s decision to collect prices may have transformed the feeling of the market linked to its pro-Crypto promises, causing a steep drop in Bitcoin (BTC) and majors in the last 24 hours.
Merchants believe that Blood Bath on Monday could prove to be a purchase opportunity for several reasons, resulting from the possible growth and demand for a dollar stable.
“A bullish grip is for stablecoins,” Peter Chung told Presto Research, in Coindesk in a telegram message.
“The secretary of the Treasury, Scott Bessent, recently noted that Trump prefers the prices on the sanctions as a diplomatic tool, while the latter postpone the dollar countries, weakening American financial hegemony. If this is the case, Trump would probably prioritize the stable bill in the congress, as this would improve the functionality of the dollar, strengthening its world domination, “said Chung.
Vincent Liu, director of investments at Kronos Research, reflected the feeling.
“With continuous concerns concerning pricing and volatility of currencies – illustrated by the decline of the Canadian dollar against the USD since the prices were introduced – Descoincoins have made it possible to see Fiat Major to see an accelerated adoption,” said Liu.
“As a coverage against economic uncertainty, they rationalize global transactions, abolish obstacles to Forex conversion and provide a transparent bridge in the crypto. In the long term, the increased adoption of the floors could improve liquidity, attract institutional capital and stimulate regulatory clarity. This development can position stablecoins as a cornerstone of the cryptography economy, strengthen market stability and fuel sustained growth, “added Liu.
A rinse of $ 2.2 billion in Rypto term contracts, because on Sunday can also provide the basis of a short -term respite. High liquidations can often point out an overly extensive market and indicate the end of a price correction, which makes it favorable to the purchase after a steep fall.
Carrefour areas with high liquidation volumes can act as support or resistance levels where the price can be reversed due to the absence of additional sales pressure from liquidated positions.
However, if the market continues to decrease, those with short positions could see this as validation, potentially increasing their bets. Conversely, CONTRIRIA CONTROLS can consider heavy liquidation as an opportunity to purchase, expecting a recovery of prices once the sales dynamics are passing.
Trump imposed a 25% price on Canada and Mexico goods and a 10% tariff on China imports during the weekend. This decision has apparently launched a trade war: Canada ATTE with a price of 25% out of $ 106 billion in American products, and Mexico should implement similar measures.
Two -year -old treasure yields increased, while 10 -year yield has decreased, indicating concerns about short -term inflation. Asian markets fell on Monday, gold prices dropped, the rise in oil and the cryptography market sang.
Trump also looks at the prices on goods imported from the European Union, which could come “very soon”, according to the BBC. The EU said that it would act like a collective and “would react firmly” if and when the prices arrived, indicating the taxes of reprisals.
The main idea of prices is to make imports more expensive, thus encouraging domestic production and reducing dependence on foreign goods. This is part of a wider strategy to use trade policy to take advantage of better conditions for the United States in international trade negotiations.
However, prices increase the cost of goods exported to the United States, which can affect the economies of these countries by reducing demand for their products. If a country imposes prices, others could respond by theirs, which leads to an climbing cycle of trade barriers.
Prices disrupt the established supply chains, which are often globalized. The increase in costs or the blocking of certain goods can lead to shortages or higher prices elsewhere, which causes new protectionist measures of affected countries – resulting in greater disturbance in the financial markets.
The absence of future catalysts can mean that cryptographic markets are stuck in a period of lull, with the exception of a solid and isolated catalyst that increases Bitcoin directly.
“The feeling has become negative with little hope that things could turn around, with the exception of a potential Bitcoin strategic reserve and more regulatory support from the government,” said Nick Ruck, director of LVRG Research, in Coindesk in a telegram message.
“Although market conditions are very different, the prices of the previous Trump administration could be a showcase for pricing announcements, which were only short -term shocks for cryptography prices while the general optimistic trend remained intact, “added Ruck.
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