Bitcoin remains around $84,000 following Trump's latest remarks, while altcoins show signs of recovery amidst shifting market conditions.
Expectations for Bitcoin Recovery
Although Bitcoin struggles to maintain levels above $86,000, it remains distant from extreme sell-offs. Meanwhile, the situation for altcoins continues to be mixed, especially with conflicting signals from the European Union; France calls for retaliation, whereas the EU delays any countermeasures.
Predictions for Altcoin Gains
The total value of stablecoins is rapidly approaching new heights, exceeding $200 billion. This drop in both BTC and altcoins suggests a potential for quick recovery as extreme fear subsides.
Impact of Global Events on Crypto Market
The recent use of the term 'uncertainty' by Powell has stirred expectations for a possible increase once tariffs are clarified. The limited impact of tariff expectations on the economy could support risk markets in the medium and long term.
Current market conditions suggest that we could witness a resurgence in the cryptocurrency market rather than deeper dips.
