“Bitcoin has grown to $ 94,000 after Trump’s statement about the absence of plans to release the Federal School and a possible reduction in tariffs with China. Despite the BTC rate increasing, analysts warn about low volatility, which can precede sharp price fluctuations. The bitcoin rate overcame $ 94,000, showing almost 12%growth in the last six days. It happened against the backdrop of softening US President Donald’s statements […]”, – WRITE: Businessua.com.ua
- Bitcoin has grown to $ 94,000 after Trump’s statement about the absence of plans to release the Federal School and a possible reduction in tariffs with China.
- Despite the BTC course, analytics They warn about low volatility, which can precede sharp price fluctuations.
The bitcoin rate overcame $ 94,000, showing almost 12%growth in the last six days. This happened against the backdrop of the US President Donald Trump’s statements about the head Fed Jerome Powell and reducing the voltage in trade relations between the US and China.
15-minute BTC/USDT schedule on Binance Exchange: TradingView.
On Tuesday, Trump stated that he “did not intend” to release Powell, despite the persistent calls for the Fed to reduce interest rates. US Finance Minister Scott Bessent also hinted at a possible decrease in tariff barriers with China, which led to an increase in US stock indices: S&P 500 added 2.5%, Dow – 2.6%, NASDAQ – 2.7%.
Analysts note that although the growth of bitcoin occurred simultaneously with the rally of traditional assets, the direct relationship between them was weak. Bitcoin overcame the resistance of $ 88,000 at low bidding, which indicates rather a price rather than aggressive purchases.
At the same time, experts pay attention to the risks of low volatility, which can precede sharp pricing. Further dynamics of the course will depend on specific actions on tariff policy and future Fed decisions.
We will remind, on April 22 Bitcoin-ETF attracted a record $ 381 million against the background of the fall in the stock market.
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