Bitcoin is hovering around $105,000 as of today, amidst investor uncertainty regarding short-term macroeconomic events, according to LVRG Research on Monday. Uncertainty around inflation, tariffs, and the U.S. economy has slowed bullish trends in crypto, while geopolitical risks have also prompted investors to reduce asset exposure. Despite near-term concerns, long-term optimism persists due to increasing institutional interest in the crypto industry. Trade tensions, particularly between the U.S. and China, continue to weigh on risk sentiment, BTSE noted on Monday. Traders are advised to monitor announcements from both countries, potential escalations in Russia-Ukraine hostilities, and key U.S. economic data releases this week. Investors are diversifying into tokens like XRP and SOL, while Bitcoin's price action aligns more with traditional risk assets. HashKey Cloud stated on Monday that trade policy uncertainty drives capital into high-growth tech stocks and crypto, particularly Bitcoin and XRP, fueled by ETF optimism. Staking and DeFi remain strong, with real-world asset tokens gaining momentum.
Bitcoin Stays Near $105k Amidst Macroeconomic Uncertainty
Edited by: Yuliya Shumai
Sources
CoinDesk
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