Cryptocurrencies collapse up to 8% and Bitcoin moves away from their historical maximum

Cryptocurrencies collapse up to 8% and Bitcoin moves away from their historical maximum

He cryptocurrency market It falls this Friday, June 13, Ethereum collapses 7%, drills the key level of US $ 2,600 and is located U $ 2,559. Bitcoinon the other hand, it also yields, but to a lesser extent, around 1.7% au $ s105,587 and moves away from its historical maximum, according to Binance The rest of the cryptocurrencies descend up to 8.5% headed by Avalache, followed by Sui (-8%), Solana (-6.9%), Cardano (-6.3%), Dogecoin (-5.2%).

Conflict in the Middle East

This Friday, Israel launched a “preventive” attack large -scale aerial against nuclear and military objectives against Iran. The Israeli army assured that a “An attack with missiles and drones against the state of Israel and its civilian population in the immediate future.”

The Israeli Prime Minister, Benjamín Netanyahuhe recorded a message to the people of Iran Where he assured that the attack was not against the civilian population, but against the rulers: “Our struggle is not against you, but against the brutal dictatorship that has oppressed you for 46 years. ”

Another factor that weighs on markets is the recent publication of the Consumer Price Index (CPI) In the United States. May’s data was lower than expectedboth in its general and the underlying version, but the strong employment growth reinforces the expectation that Federal Reserve will keep the rates without changes for longer.

Although the markets discount a cut towards the end of the year, the Fed position remains cautious, something that has caused criticism by President Trump, which seeks to reactivate the economy in the middle of the electoral year.

A technical correction rather than a trend change

According to platform analysts Mudrexthe current setback responds to a “Routine consolidation”based on Technical signalsmore than a structural weakness of the market. They emphasize that Bitcoin ETFs continue to receive positive flowsand that Key support levels remain firmwhich could make way for a resumption of the upward trend in the short term.

“Meanwhile, the Altcoins are beginning to capture more attention, which suggests that we could see a broader rebound in the near future,” they explained from Mudrex. “Traders must monitor liquidity areas and rupture levels to anticipate the next significant movement.”

The global context imposes caution

At the international level, the Geopolitical and commercial volatility affects the appetite for risk assets. While the Agreement between the United States and China It was initially received with optimism, its limited scope has generated skepticism. The pact focuses on the export of rare earths, but Maintains intact key tariffs: a 55% about Chinese products and a 10% on US exports.

“The good police strategy-bad policy between Trump and the secretary of the Treasury, Scott Besent, generates a tense negotiation climate,” he said Matt BritzmanHargreaves Lansdown analyst. “Several countries prepare for sanctions if they do not cooperate with the US, which does not favor markets.”

In addition, differences persist in the commercial front with the European Unionalthough from the American treasure they left open the possibility of extending the term of negotiations beyond July 9.

Gold rises and bitcoin yields

In this context, the Gold rose againbenefiting from its traditional status of shelter. This movement usually impacts Bitcoin in the short term, since Some investors temporarily migrate to more traditional assets during episodes of high geopolitical uncertainty.

However, analysts agree that this correlation is less and less markedand that Bitcoin has demonstrated the ability to recover quickly after corrections promoted by external factors.

Source: Ambito

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