Bitcoin maintains a company close to $ 108,700, even as traditional markets decline from renewable commercial tensions that Donald Trump ignited. The US President referred to plans to raise the customs tariffs on imports, and may reach 50 %, noting the constant friction with the European Union European Union regulations.
The speech sent Asian stocks to a third time decreased in four sessions, prompted future copper contracts in London, and pulled the stock futures to red.
However, Bitcoin has been largely unwanted, indicating that encryption investors either fertilize total noise or watch BTC as increasingly isolated from the risks of global politics, some of which are opened.
“The low Bitcoin low prices of Trump’s Tref’s flexible nature of digital assets and the investor confidence in the long run,” Han Show, Hashkey Capital director, said in a telegram. “We are optimistic that this trend will continue even amid short -term fluctuations.”
However, there is a clear frequency at these levels.
“Buyers leave steam quickly.” “BTC continues to get approximately $ 110,000, and as the moving average for 50 days attracts the decline, the sellers are equally active.”
He added that the total market value, while it still rises by 1.8 % per week, decreased by 0.6 % over the past 24 hours to 3.35 trillion dollars, indicating a “hesitation” on the top.
This cutting continues even as Etf Crypto continues. Coinshares informed the twelfth consecutive week of net flows, as it entered nearly one billion dollars of encryption boxes last week, and more than 790 million dollars from this amount that enters Bitcoin.
The products followed by the ether brought 226 million dollars, 22 million dollars, and XRP 11 million dollars. The total ETF assets under management reached its highest level ever at $ 188 billion.
But under the cap, there are signs of fatigue. Bitcoin activity has decreased on the series and implicit fluctuations to its lowest levels in nearly two years, according to the mass.
Glassnode described it as “summer calm”, pointing to collapsed trading sizes and an increased concentration of unrealized gains between long -term holders, or factors that can lead to a more clear step if the feeling turns.
Despite the lack of momentum, the markets are still thirsty firmly, just nervously.
“The capital continues to move away from the moving average for 200 days,” Kobsikvich added, indicating that the market is still tending to climb. But any shift in a tone can lead to a rapid profit. “
publish_date
