key takeaways:

• Despite strong macro trends, bitcoin derivatives assure the investor in maintaining the recent price profit.

• The axis of bit digital for ether is that other miners may also unload their BTC reserves.

Bitcoin (BTC) Iran drowned below $ 100,000 on Monday after Iran started attacks on the United States military bases in Qatar. Although the price reached $ 108,000 by Wednesday, BTC derivatives have become alert in the markets, to suggest traders to suggest that the future is less confident about. But are bitcoin value valid reasons for this fear of accident?

On Wednesday, bitcoin Evergreen contract The funding rate fell to its lowest level in seven weeks. In neutral markets, long conditions generally pay to maintain leverage, so negative rates are uncommon. Interestingly, it also happened as bitcoin, which increased to $ 108,000.

Instead of focusing only on results, it is necessary to consider the possible causes of recession rates, such as reducing the demand for leveraged positions. A part of erosion arises in confidence from the global trade war launched by the US in April. While temporary trouses were installed, some are near termination, including compromises with eurosone, set up Passed On 9 July.

US President Donald Trump has been widely criticized for reversing the syllabus during the business negotiations. According to the Washington Post analyst, the Trump administration has formulated more than 50 tariff policy Change Since he took over. As a result, investors are rapidly worried that trade conflict may intensify.

Tariff, AI Promotion and Bitcoin Minor Profitability declines

The US GDP recorded a decline of 0.5% in the first quarter based on the final official data released on Thursday. CNN attributed unexpected contractions for a large trade DeficitAs North American companies invented the anticipated tariff hike.

Despite this, bitcoin traders are disappointed that the US small-cap stocks have shown flexibility while BTC is below a mark of $ 112,000.

Russell 2000 index, which excludes the 1,000 largest American-list firms, reached a height of four months. Since many investors still classify bitcoins as a risk-property, the fear of “careless artificial intelligence spending sky-high evaluation” has served as a roof for the price of bitcoin.

Gartner consultation analyst noted Reported by Yahoo Finance, “Most of the agents AI projects are currently the use or proof-off-concept of the initial stage that are mostly operated by publicity and often incorrectly.” As a result, with a more vigilant investor currency, some profit is expected to be taken above $ 105,000.

Connected: Bitcoin bulls gain edge, target $ 20B monthly option ends from $ 110K

Another source of risk comes from the increasing number of firms that have added bitcoin to their balance sheet. An unexpected step was in the form of Bit Digital (BTBT), listed on New York -based Bitcoin Mining Company NASDAQ, on Wednesday announced its mining infrastructure and BTC holdings. To buy ether ,ET) instead.

As of 31 March, Bit Digital stores 24,434 ETHs and 417.6 BTC. This development has created apprehension that other miners can also reduce their BTC posts, especially since mining Revenue has fallen According to a cryptoctive report, at a two -month low.

While the position of macroeconomic still supports a potential bitcoin, giving loose monetary policies in view of the increasing pressure on central banks to adopt loose monetary policies. Therefore, the risk of a temporary improvement below $ 100,000 is a real possibility.

This article is for general information purposes and is not intention and should not be taken as legal or investment advice. The ideas, ideas and opinions expressed here are alone of the author and not necessarily reflected or represented the ideas and ideas of the components.