Cryptocurrency market volatility intensifies
Increased tensions in trade relations between the US and China are putting pressure on the cryptocurrency market. President Donald Trump has raised the global tariff rate to 15% despite a Supreme Court ruling, which increases uncertainty about future trade agreements.
This is negatively impacting risk assets, including cryptocurrencies. Bitcoin, which recently reached a new all-time high of $68,000, is now fluctuating around this mark. Other popular cryptocurrencies such as Dogecoin and Ethereum are also showing declines amid the general trend towards risk aversion.
Experts suggest that the current situation may continue until there are more definitive signals regarding the further development of trade relations between the US and China. Investors should exercise caution and closely monitor the developments in the market.