He cryptocurrency market It begins the last week of July with moderate rises. Bitcoin (BTC) is recovered from Friday’s fall and quotes around US $ 119,000according to Binance, while eThereum (eth) Avanza a 1.2% and Au $ S3.800 is located.
In general, cryptocurrencies operate with increases of up to 9%headed by Avalache, Binance Coin (6%), followed by Hyperliquid (3%) and Solana (2.7%).
Geopolitics in the center of the scene: truce with China and agreement with the EU
The partial market rebound responds to factors Geopolitics that mark the international economic agenda. On the one hand, the United States and the European Union formalized a new commercial agreement that includes a 15% tariff on European products that enter the US, while US assets will be exempt from new rates by the European bloc.
In addition, the pact foresees European purchases for US $ 750,000 million in American energy YU $ S650,000 million in military equipmentconfiguring a remarkable reconfiguration of global commercial flows.
In parallel, in Stockholmrepresentatives of the United States and China celebrate their Monday their Third round of commercial negotiations in less than three months. According to the North American Treasury Secretary, Scott Besenta extension of the tariff trucein force until August 12for others 90 days.
Washington would also have temporarily flexible export restrictions of artificial intelligence chips to Chinain a gesture that seeks to pave the way for a future meeting between the presidents Donald Trump and Xi Jinping.
Institutional movement and financial instruments linked to BTC
At the corporate level, the queen cryptocurrency continues to gain prominence as structuring financial asset. The firm Strategy issued a preferential action (STRC) with 9% variable dividend destined to finance new BTC purchases. The broadcast went from US $500 million au $ 2,000 million Due to the strong demand.
For its part, the Japanese Metaplenet acquired 780 new bitcoins In the last week, carrying its total possession to 17,132 BTCequivalent au s s2,000 million At current prices. The company uses its own metric called BTC Yield To evaluate the share impact, which was from 129.4% in the second quarterin front of the 95.6% of the previous one.
Simultaneously, they registered Movements in historical wallets With more than 14 years of inactivitywhich transferred around US $2,000 million in BTCsome of them to Galaxy Digitalwhich is interpreted as a process of redistribution of long -term holders towards new actors.
Technical analysis: key support and resistance zones
From a technical approach, Etoro analysts point out that the BTC is in consolidation phasewith immediate support at US $115,000-U $ S116,000 and resistance in the area of 120,000-122,000. In case of exceeding that level, it could be extended to US $130,000. On the contrary, a loss of 115,000 would open the door to a possible correction to the 110,000level that works as a critical support.
The crypto market is still attentive to International commercial negotiationswhile evaluating the impact of new financial emissions tied to BTC and institutional movements. Although volatility risks persist, prices show Technical Resistance and Solid Fundamentals In the current situation.
Source: Ambito
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