Bitcoin $105,346.51Asian session started positively; Leading crypto currency climbed to $ 106 402.39 in the morning and took back some of the losses at the end of the weekend. The previous 2 %decline triggered by 616 million dollars ETF outputs, US-China trade tensions and geopolitical pressures in Eastern Europe was partially deleted. Analysts say that the price has returned up with cautious purchases after testing critical support around 104 $ 300. The market is united in the view that volumes are still weak due to the continuation of uncertainty.
While Bitcoin rises again in Asian markets, risks are increasing
In the first operations of the day, the Japanese Nikkei 225 index gained value, albeit limited, while gold prices rose to the highest level of three weeks with the loosening of the dollar; Ethereum $2,613.45 increased by 3 %and saw 2 539,04 dollars. Interestingly, it is said that the correlation between Bitcoin and Japan’s 30 -year state bond returns becomes more powerful than traditional US stocks. Macro Strategist Weston Nakamura interprets this relationship as “global redefinition of the Japanese financial impact ;; This perspective shows that cross -asset pricing can change direction.
While investors follow the permanent settlement over $ 106 000 in the short term, the clues of the Fed’s interest rate and the blockages in trade negotiations with China are busy. While geopolitical risks grow, news flow from Eastern Europe keeps volatility alive. Analysts say that “one -way” positions can be expensive, and that cash and gold positions for protection are gaining weight in portfolios.
Quantum threat and company strategies shape the market
On the technology front, according to Presto Research Analyst Rick Maeda, quantum computers are not expected to access strong equipment to break the block chain encryption in the medium term; Existing systems are around 10 logical Quubit. However, Maeda underlines the fact that the sector is already focusing on quantum -resistant solutions by saying “measures should be started today”. If the preparation is delayed, it is emphasized that the cost of patchy improvements to be discarded in the future will be very high.
On the agenda of the company, meta shareholders rejected the offer to convert a portion of 72 billion dollars of cash into Bitcoin reserves with only 0.08 %support. After the libra fiasco, the cautious administration received the support of the majority that did not find the risk-influence of Bitcoin against inflation. On the other hand, the GENIUS ACT bill at the US Congress is supported by both parties, provided that it focuses only on stable crypto currency regulation, and analysts evaluate the possibility of acceptance in the range of 60-65 %. This table once again shows that corporate adoption will remain directly linked to the regulation clarity.
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.