Yesterday, in traditional financial markets, it was a tragic day due to new tariffs of the USA to other countries. But not for Bitcoin.
The possible explanation for this difference is promising for the coming months.
New tariffs imposed by Trump’s United States
Yesterday, one day, when the markets were closed, President Trump announced new tariffs.
Although the attempt had already waited, he made the market wrong to the point of misleading.
In fact, the tariffs introduced on April 2 oppositeBut instead, they weren’t at all.
With “Dazi Opportunity”, it should understand the people imposed on other countries that apply against them.
For example, EU applies tariffs under 2% to the USAIf the new tariffs described by Trump were really mutual, it would be expected that they would not be higher than that figure.
And instead,, New US Tariffs It will be 20% against the EUBecause they are calculated by a formula that ignores EU tariffs against the US.
Explaining mutual tariffs and implementing non -reprocal tariffs, instead, caught the markets with a bad reaction yesterday. Moreover, Trump continues to insist on calling them “mutual” tariffs, even if they are not clearly not.
Accident of Markets
As mentioned earlier, Trump announced the day before yesterday. After closing the evening of the US stock markets.
After a few hours, Asian markets reopened with a strong declineAnd then, Europeans opened with a decline.
Therefore, even if there is nothing surprising US stock exchanges recorded strong decreases Yesterday. It has been one of the worst sessions since the beginning of the pandema.
Index S&P500 lost 4.8% in a single daywhile Nasdaq gets worseovercoming a loss 5.4 %.
Compared to the beginning of the year, S&P500 dropped 8.5%So yesterday’s effectiveness is definitely a mini crack. . On the other hand, Nasdaq has now been -12% since the beginning of the year..
Bitcoin holds
Nevertheless, Bitcoin price Yesterday did not fall below $ 81,000and really today Returned over $ 84,000.
May be the reason Dollars.
Actually, when American Dollars are weakeningtends to have positive effects on RISKS ASSOCIATIONfor example Bitcoin or exchange.
However, The trend of Bitcoin’s price Really in the medium/long term Reversal with the Dollar IndexThe same thing can’t really be said exchange.
In other words, if Dollar Index usually a Direct effect on the price of bitcoinThe same thing happens less and usually indirectly with the stock market.
Dollar index
Yesterday The dollar index has fallen below 102 points for the first time since OctoberSo before Trump’s election victory.
It was after your victory Rose to 110 pointsBut from mid -January diminishing stage This is still going on.
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To tell the truth, this decrease phase Bitcoin pricebut not forgotten price BTC was risingHe did this in an unusual way. This anomaly ended only in March, and now the tendency of the dollar seems to have returned to influence Bitcoin’s price.
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And yesterday, US stock markets were significantly falling, The decrease in the dollar index was able to prevent the price of bitcoin from falling too muchAnd even today Lightly save it. But it wasn’t for the same thing US stock market markets.
Predictions
However, it should not be caught Entusiasmi troppo disaster Right now.
Actually, but The decline of the dollar index It can continue for a long time, maybe until the end of the year, Bitcoin He’s worried, Negative estimates for the middle-short term Keep walking around.
The hypothesis is that the difficulties experienced by global financial markets will not soon disappear and this may have a negative impact on the whole. Asset risk Including sector, Bitcoin.
However, it is possible for this difficulty stage to end within a few weeks or a few months, Trend change in the second half of the year.
If Trump is indirectly approved by him, forcing the aim at this stage to negotiate other countries with the US, such negotiations reached the heart of the issue Tariff Reduction It can be played that will distribute a little fear.
The current situation remains in the flow and can still be until June numerous novità.
