Daily Crypto Signals: Global Trade Tensions Rattle Crypto Markets as Bitcoin Hovers Near $100,000
With rising global trade tensions, the market for cryptocurrencies saw great volatility; Bitcoin struggled to keep its position over $100,000 while other big cryptocurrencies showed conflicting performance.
Following the recent trade policy statements made by U.S. President Donald Trump and later diplomatic conversations with important trading partners, the direction of the market changed rather clearly.
Crypto Market Updates
After China and the United States announced additional import duties, the market for digital assets swung dramatically. But when Trump promised to temporarily postpone tariffs on Canada and Mexico, markets found some solace and a broad-based comeback across most cryptocurrencies resulted. Following fruitful negotiations with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau that resulted in a 30-day halt on the proposed 25% tariffs, the diplomatic breakthrough arrived.
Complementing the market dynamics, the U.S. Securities and Exchange Commission (SEC) is reviewing the security situation of different digital assets and investigating possible “retroactive relief” for past token offers. Announced by Commissioner Hester Peirce, this regulatory evolution points to a perhaps more flexible approach to crypto control under the recently established White House Crypto Task Force.
Bitcoin Trades Under $100,000
The price motion of Bitcoin BTC/USD has been very erratic; it fell below $100,000 then rose to $101,731. Based on ARK Invest’s “Big Ideas 2025” study, Bitcoin has shown amazing maturity in 2024 despite recent instability; its annualized volatility reaches historic lows below 50%. Stabilizing the market has been much aided by the success of U.S. spot Bitcoin ETFs, which by year-end have net assets of over $100 billion. Still, analysts—including Ryan Lee of Bitget Research—warn of possible drops below $90,000 should world trade tensions rise.
Can Ethereum Hold $2,700 Support?
Ethereum ETH/USD rising above $2,800 following a three-month low of $2,150 displayed strength. Market analysts stress, nonetheless, the crucial need of keeping support at $2,700 to stop a more severe correction. Data from CoinGlass indicates that a fall below $2,650 might set off over $1 billion in leveraged long liquidations. Citing Ethereum’s strong ecosystem development and notable daily transaction volume across layer-2 networks, industry professionals remain hopeful about the basic worth of the cryptocurrency despite temporary instability.
Can XRP Cross $2.90 Resistance?
XRP XRP/USD struggles technically even though it recovered from its low of $1.78 above $2.50. On daily and weekly charts, the asset shows bearish divergence implying possible downside risk. Analysts say XRP must keep values above $2.90 to refute the negative situation and stop a possible 23% drop in the $2 level. With its price action tightly correlated with general crypto market mood, the token’s recent performance reflects larger market uncertainty.
Solana Gearing Up for a Rally?
Strong recovery momentum allowed Solana SOL/USD to bounce 22% from its $180 support level to reach $215. SOL’s ecosystem measures are strong even if it trades 27% below its January 19 all-time peak. Active DApp addresses of the network have increased by 21% month over month, while total value locked (TVL) has grown by 5.5%. With Solana’s fee income of $246 million higher than Ethereum’s $133 million, the network’s increasing acceptance in a variety of fields such gaming, staking, and DeFi applications is clear.
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