Acute In Google News Process
The crypto currency market started with severe decline. When the US elections took place and Donald Trump was elected president, BitCoin refused the lower levels since November. More important disadvantages were recorded in Alkoins. In mind, “Why do coins fall?” Bring the question.
The main reason for the decline is the increase in the trend of avoiding dangerous assets in the markets. In particular, Trump’s announcement that customs duties for Canada and Mexico will continue and that their messages that ban Chinese investment will negatively affect market sensitivity. In addition, the crypto currency market has recently been forced to wrap up the wounds of a $ 1.5 billion hacking attack, which has recently been experiencing a Bit Stock Exchange. This event, which is recorded not only in the crypto ecosystems, but also in the financial world as the largest cyber -attack in history, increases the fragility in the markets. Breast scandals have not yet lost its impact.
The uncertainty brought by Trump’s policies is another major threat to investors. According to the Queen Shars report earlier week, during the new administration’s new period, customs duty, inflation and monetary policy are facing over -leaping due to the confusion of crypto currency funds for two weeks. Investors are also being focused on announcing the PCE data of the NVIDIA Balance Sheet and the favorite inflation indications of the feed. PCE inflation, which is 2.8 % of the previous figures, is expected to decrease to 2.6 %, while the possibility of above data increases.
Singapore -based crypto consulting firm QCP Capital has warned investors to the fact that BitCoin has been trapped for a while. According to the company’s analysis, the demand for BTC has increased with large -scale bond exports to the financial support provided by organizations such as microstentness, but now these methods have reached the point of satisfaction. All these factors lead to a cautious stand in the crypto market.
It appeared:
