Bitcoin price recovers in the middle of a market stabilization
The uncertainty about Trump's customs policy has worried the global markets over the past few weeks. Bitcoin was not spared from this risk-off phase. The price of the largest cryptocurrency moved over -30% from the all -time high, which was reached shortly before the Republican took office. However, the situation gradually calms down. Both the stock markets and the Bitcoin course initiated a recovery.
Markets hate uncertainty
The tariffs announced by President Trump, including a basic customs of 10% on all imports and volatile sentences for regions such as China, Europe and Japan, were characterized by opaque. In addition, statements about a possible deposition from Fed boss Jerome Powell shake trust. Markets hate this uncertainty because it makes it difficult for investors to plan for future results and evaluate assets. This leads to volatility and a short -term sale of most asset classes.
After the strongly negative reactions of the markets, Trump is now alleviating his attitude. Administration announced a significant reduction in tariffs to China, no intentions to dismiss Powell and a potential cancellation of the debt limit. Since the low, the Bitcoin price has increased by +21% and acted over 90,000 again.
Altcoins follow the digital gold
In the midst of uncertain conditions, the alternative cryptocurrencies (“old coins”) usually suffer disproportionately due to their illiquidity. The market capitalization of the entire crypto market broke from $ 3.75 trillion below the previous all-time high from 2021 to $ 2.3 trillion (-37%). The overall market recovered by +22%in accordance with Bitcoin.
The price wins over the last seven days have been rather behavior. Bitcoin gave the tone at +8.97%, while some outlets added two -digit percentages. The winners of the week were SUI (+42.59%), Chainlink Link (+14.33%) and Avalanche Avax (+13.23%). Unus Sed Leo Leo (-1.73%) and Tron Trx (-0.84%) are the only one of the top 20 in the red area.
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Risk.
Plants and investments, especially in cryptocurrencies, are generally associated with risk. The total loss of the capital invested cannot be excluded. Cryptocurrencies are very volatile and can therefore be exposed to extreme price fluctuations in a short time.
