Bitcoin price under pressure: Trump and the uncertainty of the markets!

Bitcoin price under pressure: Trump and the uncertainty of the markets!

In recent days, investors have reacted with concern to the decline in the price of Bitcoin, which has continued despite positive news about a possible easing of the trade war between the US and the EU. Loud InvestX The price fell by several thousand dollars, which caused many investors to realize profits. These movements could indicate that investors were reinvesting their earnings in other assets. Bitcoin was up 27% since the beginning of April, while the Nasdaq was up just 15%.

A ray of hope came from a court decision in the US that forced President Donald Trump to end his controversial tariffs. A judge declared the tariffs unconstitutional because Trump had exceeded his authority and there was no acute crisis. However, the market does not seem to be taking this news seriously; The Bitcoin price fell despite this positive development.

Trade war and market reactions

President Trump initially proposed a significant increase in tariffs on EU goods, increasing from the original 20% to 50%. But on Sunday he postponed the launch deadline to July 9, which provided short-term stabilization in the market. Bitcoin then rose to $109,600, while US stock futures rose: S&P 500 futures rose 0.9%, Dow futures rose 0.8% and Nasdaq-100 futures rose 1%. These developments show a reaction from traders to a possible easing of trade tensions, with analysts already expecting a price target of $120,000 for Bitcoin in June, as Decrypt reported.

Despite the positive mood, there are still uncertainties. The new tariff deadline could weigh on both traditional and digital markets. Analysts warn that Bitcoin and other digital assets remain sensitive to macroeconomic signals, particularly regarding monetary policy frameworks and trade dynamics. After all, Bitcoin is increasingly seen as a stable asset and protection against inflation.

Institutional interest and ETFs

Despite the turmoil, institutional interest in Bitcoin remains strong. Companies like GameStop are making massive purchases, and Bitcoin ETFs like BlackRock's iShares Bitcoin Trust continue to attract inflows. This indicates growing confidence among institutional investors who are increasingly looking to invest in cryptocurrencies. Amid these developments, Bitcoin ETFs have now shown 30 consecutive days of accumulation. Support and resistance levels for Bitcoin price are at $105,000 and $110,000, with a breach above this resistance could signal a possible recovery.

In summary, it can be said that the current market situation is characterized by uncertainty, but at the same time also offers opportunities. Reactions to geopolitical developments and institutional investor movements could present buying opportunities for interested investors, even if markets remain volatile.