This Monday, Cryptocurrencies show a recovery Outstanding after the losses suffered during the weekend. The Bitcoin (BTC), according to Binance, is located at US $ 109,200, while Ethereum (ETH) is located at US $ 2,559.
The upward trend also reaches most Altcoins with progress of up to 3%, headed by Dogecoin, Chainlink and Avalanche (2.9%).
This rebound is given in a context of geopolitical distension: The European Union and the United States decided to keep the negotiations open after the threat of President Donald Trump to raise tariffs to 50% on imported products from the European bloc.
It should be remembered that Trump there were tariffs of 20% at the beginning of April, In what he called the “Day of Liberation”, before temporarily reducing them to 10% for a 90 -day period from April 9. However, Last Friday he harden his position again, suggesting a “direct tariff” since June 1, arguing a “difficult” position by the EU. Now, the president has decided to extend the deadline until July 9.
Jeff Mei, director of Operations of BTSE, explained to COINDESK That market behavior reflects the sensitivity of the crypto ecosystem to macroeconomic shocks: “The weekend collapse was a reminder of that fragility, but the extension in tariffs has returned some calm, and investors are resuming cautious positions.”
From QCP Capital too They warn a rebound in the appetite for risk. They point to the increase in the options of options that bet on a Bitcoin in the $ 130,000 for September, and underline that Bitcoin ETFs have more than ten consecutive days without registering negative flows. Likewise, great institutional acquisitions stand out.
In this senseStrategy – the largest institutional holder of BTC – announced a new issuance of preferential actions of Serie A, called Perpetual Strife (Strf), with the aim of raising up to 2.1 billion dollars. These titles offer an annual 10% performance in cash and are designed to attract large investors interested in bitcoin exposure with less volatility.
Javier Molina, senior analyst of Etoro, argues that the growing questions about the sustainability of the fiscal deficit in the US They are weakening the perception of their economy as an “asset without risk.” “We are facing a scenario of ‘regime uncertainty’, where the fiscal, commercial and institutional rules are modified simultaneously. It is no longer about short -term turbulence, but a structural change,” he said. In his opinion, this maximalist and little technical attitude on the part of Washington has begun to lose effect. “If China made Trump backwards, Brussels or Canada are likely to get it.”
What prospects are for the price of Bitcoin
Regarding Bitcoin, Molina argues that the asset continues to consolidate its role as “digital gold” in a context of persistent inflation and growing distrust of debt markets. According to the analyst, the recent disconnection with Nasdaq suggests that BTC begins to behave more as a value reserve than as a technological asset.
In addition, he highlighted the change in the market structure: the supply remains low while the institutional demand increases, and short -term investors have given the prominence to funds, companies and ETF. “These strong hands do not sell. This rotation decreases liquidity, reduces volatility and raises the price floor ”, concluded.
From the technical point of view, The Bitcoin finds a first support in the US $ 108,000. If it exceeds US $ 112,000, you could open the door to new maximums, with an objective around US $120,000. However, the recent increase in volatility could be anticipating a period of consolidation or exhaustion.
In this regard, VIVIEN LIN – Chief Product Officer Bingxexplained in statements to the scope that Bitcoin is going through a key moment that cannot be explained only in terms of price. “Beyond the recent historical maximums, the relevant thing is the change of narrative that is being consolidated in the markets: the digital asset par excellence is no longer perceived as a speculative alternative, but as an increasingly central piece on the global financial board,” he added.
According to Lin, one of the most forceful signals of this structural change is the growing interest of institutional investors, evidenced in the active participation of traditional funds through ETFs in cash. “It is not simply capital flows: what is happening is a progressive legitimation of Bitcoin within the conventional financial system,” he warned.
For the specialist, “this new position is being accompanied by a favorable macroeconomic environment. While some traditional assets show signs of fatigue, Bitcoin begins to assume the role of alternative reserve, with investors willing to rotate capital from assets considered historically safe towards an emerging class that offers not only a return, but also a different technological and philosophical proposal.”
In parallel, analyzes, advances in regulation are multiplied, especially in markets such as the American. The fact that more and more companies explore publicly quote in Crypto-Friendly jurisdictions, or that traditional banks experience with public blockchain, is not a coincidence. It is the confirmation that the ecosystem is leaving its experimental phase to integrate, with clear rules, to the global economic system.
Initiatives that focus on real utility also begin to be crystallized. Agreements such as Mastercard to enable Payments with Stablecoins and Bitcoin at a global scale mark a milestone on the road to everyday adoption. We are no longer talking about investment or value shelter: we are seeing the necessary infrastructure so that cryptocurrencies are part of daily life, “he says.
Source: Ambito
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