The price of Bitcoin (BTC) in the United States
The Crypto Fear & Greed index during the night fell to 10, a level not seen from the depths of the 2022 bears market, but has also bounced, now residing at 16. That is still in the range of “extreme fear” and well below 55 last week (in the range of “greed”). The levels above 75 are considered “extreme greed” and the index has not been there since the time of the inauguration of Trump.
Even with Friday’s gain, Bitcoin has been lower in more than 1% for 24 hours and the largest Coindesk 20 index has dropped approximately 2%.
Only in the green among the main crypts is Solana (Sun), ahead of 5% when the CME announced plans to add sun futures to its cryptographic platform on March 17. Sol, however, remains turned off at 36% during the past month and well within the levels at which he was before the victory of Donald Trump’s November elections.
Weekend looms
All the main stock markets, of course, are closed on weekends. Even the currencies, promoted for decades as a market that never sleeps, actually closes between Fridays and Sundays at night. Crypto, however, has no such rest, but merchants could be forgiven for clamoring by one.
Standard Chartred Kendrick Geoff a couple of weeks ago said that on weekends they have not been friendly for Bitcoin lately. Although last weekend it was very modestly positive for the largest cryptography in the world, the previous trend to which it had been lower prices, often abruptly.
“Are risk assets really gather in [this] The weekend we have now had the bad news, “Kendrick asked in a note on Friday morning. His answer is likely they will not.
A opposite shot is that they could. After all, the macro risk, at least as defined by President Trump’s belligerent tariff position, could have a total price. He promised that 25% of tariffs will begin for Mexico and Canada and 10% for China next Tuesday. How could things get worse? Will it hit them 50%?
On the other hand, with the prices that have fallen so far (the stock markets also ran into this week), it could be the bears that are in the most risky place in the next more than 48 hours if, for example, an agreement must be reached or substantially delayed the tariffs.
Fasten.
