Bitcoin
$99,477 is nearing the $100,000 mark, driven by gains in major cryptocurrencies and signals supported by the Federal Reserve’s interest rate decision. As the appetite for risk increases across the market, notable value surges in cryptocurrencies like Dogecoin
$0.183289 and Cardano
$0.718291 have drawn attention. These developments bring expectations of easing tariffs that have previously created uncertainty in the global market.
The U.S. Presidential Trade Move
U.S. President Donald Trump announced on social media plans for an important trade deal with a reputable country. The statement highlighted that this agreement would herald new commercial ventures. Analysts anticipate a reduction in uncertainty caused by tariffs, leading to a recovery in risk appetite.
The Federal Reserve decided to keep interest rates steady, shifting market focus to the potential for future rate cuts. Experts predict a potential 100 basis point cut by the end of the year. This scenario is expected to impact the balance between economic growth and inflation.
Market Players and Risk Perception
Investors observed substantial price increases of five and four percent in Dogecoin and Cardano, respectively, followed by declines of two to three percent in Ethereum
$1,947, BNB, XRP, and Solana
$154. Record inflows into spot Bitcoin ETFs have contributed to growing market confidence. Experts note that macroeconomic uncertainties and political risks will continue to influence the market.
According to Semir Gabeljic, President of Pythagoras Investments, Bitcoin is approaching $100,000 amid stability in Fed decisions, with future rate cuts also expected to show effects. Gabe Selby, Head of Research at CF Benchmarks, stated that the Federal Reserve’s policy could pose dual challenges in battling high inflation and unemployment. Furthermore, Jupiter Zheng, a partner at HashKey Capital, claimed that Bitcoin’s rise adds diversity to portfolios against macroeconomic and geopolitical uncertainties.
The recent performance of cryptocurrencies has led investors to include more digital assets in their portfolios. Interest in ETFs involving major players like BlackRock is believed to positively reflect on market dynamics. Economic recovery expectations are observed alongside demand for risk assets.
In light of these developments, the rise in the crypto market could accompany the impacts of economic policies. Investors and market observers continue to take cautious steps toward the future, closely monitoring factors like trade agreements and interest rate decisions.