Analysis of the current cryptocurrency market situation in the context of global economic factors and administrative actions.
Market and Economic Influences
This week, the price of Bitcoin surged to $95,000 due to President Trump's softer stance on tariffs, boosting market sentiment. However, uncertainty surrounding trade negotiations persists. Critical economic data expected in early May may create a brief liquidity window for crypto markets.
Overview of Trump's Administration Actions
In his second 100-days agenda, President Trump will focus on finalizing trade agreements, advancing peace efforts in the Russia-Ukraine conflict, and working on the FIT21 package, which will provide clear legislation for digital assets in the U.S.
Outlook and Short-Term Risks
This month, important economic data is expected to significantly impact the cryptocurrency market. If the data is unexpectedly positive, it may lead to rising rates or pressure on cryptocurrencies in the short term. Investors should be prepared for potential risks over the summer.
In summary, it is crucial to monitor economic indicators and political decisions that may influence crypto markets in the coming months.
