Bitcoin: After exceeding US $ 105,000, the profits appear and about 2% falls

Bitcoin: After exceeding US $ 105,000, the profits appear and about 2% falls

The Altcoins that operated with rises of up to 40%, stop the fury but stands out the ripple rise in more than 7%and hedera (3.8%). Meanwhile, they yield up to 2.6%Hedera, Chainlink (-2.2%) and Hyperliquid (-1.8%).

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Optimism dominates the crypto marketpromoted by the tariff agreement between the two greatest economic powers of the world and the expectation of favorable inflationary data in the US, Bitcoin reached a maximum of almost four months exceeding US $ 105,000 but then cut profits and yields almost 2% Au $ s102,000, according to Binance, while Ethereum is located at US $ 2,400.

The Altcoins that operated with rises of up to 40%, stop the fury but stands out the ripple rise in more than 7%and hedera (3.8%). Meanwhile, they yield up to 2.6%Hedera, Chainlink (-2.2%) and Hyperliquid (-1.8%).

This renewed appetite for the risk in the crypto universe is explained, to a large extent, by the Relief in commercial tensions between the US and China. Both nations agreed to a temporal reduction of 115% in their reciprocal tariffs for 90 days: the United States will lower its rates from 145% to 30%, and China will reduce its own from 125% to 10%, as confirmed in a joint statement after negotiations held in Switzerland.

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This renewed appetite for the risk in the crypto universe is explained, to a large extent, by relief in commercial tensions

This renewed appetite for the risk in the crypto universe is explained, to a large extent, by relief in commercial tensions

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Macro expectations: inflation as a new catalyst

The agreement arrives at a key moment, when investors show concern about macroeconomic evolution. This week, attention will focus on the April Consumer Price Index (CPI) In the US, which will be published on Tuesday. A slowdown is expected up to 2.3% year -on -year, which could reinforce the perception that inflation is giving in.

According to Markus Thielen, founder of 10x Research, “if the IPC meets expectations, could act as a catalyst for Bitcoin to reach new historical maximums, provided that new commercial tensions do not arise.”

Fed is still cautious, but liquidity drives the market

Despite the optimistic tone, the Federal Reserve maintains a prudent position. After leaving the rates without changes in April, Jerome Powell warned that The cuts are not guaranteed and that the Central Bank needs more time to evaluate the impact of tariffs on the economy.

However, Liquidity continues to be a key engine. Javier Molina, Anoro analyst, emphasizes that “the treasure continues to inject dollars into the system, while Bitcoin’s supply in Exchange is in a minimum of seven years. This environment favors increases, although the margin of error remains reduced.”

Other news about cryptocurrencies

On the other hand, it is noted that the flow of institutional capital to the crypto ecosystem remains constant. Blackrock’s Bitcoin ETF Spot (IBIT) has registered 20 consecutive days of net ticketsaccumulating more than 5,000 million dollars, according to Sosovalue data.

The upward narrative gains strength in the crypto market, but investors are still very attentive to the macroeconomic and geopolitical front. “The true catalyst of the next movements is not in the graphics,” says Molina, “but in the decisions that make the great powers at the negotiation tables.”

Source: Ambito

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