King crypto currency The unit fell over 104,300 dollars and decreased to $ 103.285 in the last 24 hours. Eth After landing below $ 2,500, he reclaimed the key area again. We have come to June, and as the second quarter is moving towards the end of the second quarter, the Altcoins are still not given to investors. So what are the expectations?
Bitcoin and Altcoins
From Wednesday from Wednesday crypto- We shared warnings about the possible decline in money. The steps taken by the United States for the export deductions of the USA for indirect artificial intelligence to China were expected to increase the tension between the two countries. Thursday, the rhetoric of the day hardened, and on Friday, Trump did what he did to the European Union the previous week.
Trump accused China, who is slow in the field of exports of rare land elements, of “not complying with the agreement, Tr Trump said,“ I will not be a gentle man anymore ”. The previous week, “the EU does not want to agree in June will put 50 %additional tax,” he said. Trump, who made extremely aggressive moves to open the blockages in the negotiation process, increased uncertainty and caused a decrease in the eye. On Wednesday, we have written our concerns about the environment that could lead to such a decrease, especially in Altcoins, while BTC was just over 107 thousand dollars.
So what’s the latest situation today? AVAX recovered $ 20.7, while BNB Coin supports $ 648 support. Doge is about to exceed $ 0.19.
Expectations in crypto currencies
If the game is similar to the EU game (which seems to be), China has not made harsh explanations so far, nor will it not do it after that. Trump, who says he will meet with Xi, should see that he made explanations in the style of “I met and we will solve the problems” until the US market opening on Monday (at the latest).
The Geneva Agreement played the role of a great savior for the markets. Trump It will not want to suffocate the markets with uncertainty (especially the tension will increase as it progresses to the deadline of 9 July). Since the tension that will grow exponentially from today will have more destructive consequences towards the end of the month, the first expectation is that the environment will be calmed today or at the latest until the US market opening.
Moreover, in the next 14 days, we will see that India, Japan, South Korea, and maybe even the European Union and the United States have officially signed tariff agreements. The United Kingdom Agreement At this point, the countries that are very promising and we are talking about, the EU agreed to make various concessions.
As a result, Trump is expected to reduce the tension with China in the coming hours, to feed the optimism with new official agreements in the coming days, and the tension will increase again due to unfinished agreements on the market while progressing to the end of June.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
