Doubts persist about short -term stability, since the global economic environment and geopolitical threats continue to affect investors’ confidence.
The market of Cryptocurrencies experience A slight drop in this Friday, with the Bitcoin (BTC) by cutting around 1% and quoting just above the U4S104,000, although still far from the historical maximums of US $ 109,000, according to the quotation marks of Binance.
In contrast, Ethereum (ETH) shows a rebound of 1.5%, reaching $ 3,250. As for the Altcoins, the panorama is mixed: while some like Tron (TRX), Chainlink (Link) and Avalanche (Avax) rise between 2% and 4%, others such as XRP, Solana (Sun), Dogecoin ( Doge) and Cardano (ADA) face falls close to 2%.
Analysts attribute recent fluctuations to a combination of factors, highlighting the impact of Depseek’s irruption, which has generated a “technological tsunami.” In addition, the break in the decreases of types of the United States Federal Reserve (FED) has stopped the cryptocurrency market rally. Jerome Powell, president of the FED, has stated that the committee is in “waiting mode”, without clarity about future fiscal, regulatory or tariff policies, which generates uncertainty in the markets.
Trump’s threats
In this context, the recent threats of tariffs of the US President, Donald Trump, have become a key obstacle to Bitcoin’s rebound. Trump has reiterated his intention to impose 25% tariffs on imports from Canada and Mexico as of February 1, while new tariffs on Chinese products are still considering. He has also warned BRICs countries about replacing the US dollar as a reserve currency, reviving fears of global economic stability.
These threats have driven the price of gold, which reached historical maximums, with the ounce quoting about $ 2,799 and registering its fifth consecutive weekly gain.
As geopolitical tensions are added, the increase in the debt of the US government and the fears of a possible fall in the technological sector, the crypto market is affected.
Some leaders in the cryptographic industry speculate on the possibility that Bitcoin falls before reaching $ 250,000 this year, although platforms such as Derive.xyz show generalized skepticism about that prediction. According to Nick Forster, founder of Derive.xyz, there is a 9.7% probability that the BTC falls below $ 75,000 before March, and only 4.4% that exceed $ 250,000 before September 26.
In a positive market for the market, Bitwise has announced that the United States Stock Exchange and Securities Commission (SEC) has approved a bottom -listed background (ETF) for Bitcoin and Ethereum, allowing investors to obtain exposure to both digital assets through a single regulated financial product. This approval occurs shortly after the approval of similar products presented by Hashdex and Franklin Templeton. In addition, Grayscale has asked the SEC to convert its XRP Trust to an ETF, which highlights the growing institutional interest in structured products around cryptocurrencies such as XRP, as well as in other currencies such as Dogecoin (Doge) and Solana (Sol).
Source: Ambito
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