🌎 TRADE WAR AND GEOPOLITICS: Why is the crypto market not recovering? 📉
While GOLD breaks $5,160 🪙 and hits new highs, Bitcoin struggles to hold $65,000. What is happening? The answer lies in the global macroeconomics. 🧵👇
🇺🇸 The Trump Factor
The new global tariff of 15% announced on Saturday has revived the ghosts of the trade war. This generates two immediate effects:
1️⃣ Risk aversion: Institutional investors flee from volatile assets. Proof of this: Bitcoin ETFs are accumulating their 5th consecutive week of net OUTflows: -$3,800 million 💸
2️⃣ Traditional refuge: Gold (the quintessential safe haven asset) absorbs that capital. The dollar shows weakness, but capital prefers precious metals over crypto in this climate of uncertainty.
🌍 Geopolitical Tensions
It's not just tariffs. Let's add:
🔹 4th anniversary of the Ukraine-Russia war (Zelensky speaks of "Third World War")
🔹 Nuclear negotiations with Iran in Geneva
🔹 Violence in Mexico after the capture of "El Mencho"
All = GLOBAL UNCERTAINTY.
🤔 And the cryptos?
Historically promoted as a "refuge", today they behave like RISK ASSETS. Their correlation with the S&P 500 is extremely high. When there is fear, markets sell the riskiest assets first.
📊 Key Fact:
The total market capitalization of the crypto market lost $100,000 MILLION in 24 hours. Whales are in "wait and see" mode.
💡 Outlook
Binance CEO Richard Teng summed it up well: "Uncertainty hits today, but in the long run, it could accelerate interest in crypto as a non-sovereign store of value".
The market is "on pause". It needs a clear signal of a retreat in tariff tensions, and the Fed to give signs of rate cuts.
🗳️ WHAT DO YOU THINK?
Do you believe Bitcoin will end up being seen as the new "digital gold" or will it remain tied to the fate of Wall Street? I’m listening 👇
#GuerraArancelaria #Bitcoin #CryptoNews #BinanceSquare #MacroEconomia