Bitcoin moves away from US $ 106,000 and Altcoins fall to 7% in the midst of fiscal and commercial tensions in the US

Bitcoin moves away from US $ 106,000 and Altcoins fall to 7% in the midst of fiscal and commercial tensions in the US

He appetite for risk It is mainly affected by doubts about international tariff negotiation. The deadline of July 9 To reach new agreements with the United States, keep markets.

To this is added the focus on the Fiscal Law of President Donald Trump approved on Tuesday in the Senate and will now turn to the House of Representatives. Your approval awakens concern for a Possible Increase in Deficit and the Sustainability risks of public debt.

In this context, the setback is not exclusive to Bitcoin. Ethersecond cryptocurrency for capitalization, yields 3.7% to US $ 2,413, while the altcoins collapse up to 7% of the hand of Cardanofollowed by Solarium (-6.6%), Ripple (-5.1%) and Dogecoin (-5.1%).

Despite correction, The quarterly balance is still positive for cryptocurrencieswho come from chaining Three months of increasesalthough June was the weakest. According to Stephen Innes, Spi Assent Management manager, the crypto market is demonstrating versatility before different scenarios: Acts with risk aversion when actions rise, but it also works as a coverage in the face of weakness in traditional currencies.

From 10x Researchanalysts stressed that Bitcoin’s behavior in June, with a rise in the 2.8%align with his Historical average for the montharound 2%. In addition, they anticipate one Typical summer consolidation phase In the northern hemisphere, with more limited movements, although attentive to any macroeconomic shock.

Stablecoins performance

Between January 2023 and February 2025, the Stablecoins processed more than US $ 94,200 million in payments globally, according to a recent report from Artemis.

“The Stablecoins have ceased to be an innovation reserved for a small sector: they are evolving towards a key infrastructure in the payment system,” said Javier García de la Torre, CEO of Binance Spain. “From transactions between companies to remittances and international trade, this technology offers a more agile, economical and inclusive alternative.”

The study indicates that, in May 2025, the total capitalization of the Stablecoins market reached US $239,000 million, A figure that contrasts strongly with the 10,000 million registered in 2020. Currently, there are more than 150 million blockchain addresses that Stablecoins have, and about 10 million of them make transactions daily.

Payments between companies lead the use of these digital currencies, with an annual volume of US $ 36,000 million, even exceeding payments between individuals, card payments and transactions between companies and consumers.

This sustained expansion is reflected in Deloitte’s most recent report, which defines 2025 as “the year of payments with Stablecoins”, highlighting a market capitalization that already exceeds US $ 200,000 million, together with the proliferation of new platforms and use cases that go beyond the traditional crypto ecosystem, such as remittances and B2B operations.

For its part, Deutsche Bank also projects a generalized adoption for this year. In its May 2025 report, it estimates that the Stablecoins market grew from US $20,000 million in 2020 au $ 246,000 million today, consolidating its position as a key component of the digital financial system.

Source: Ambito

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