The cryptocurrencies were widely lower on Thursday, with the sale of steam in the early hours of the night in the United States.
Bitcoin
More than 2.5% fell in the last 24 hours to $ 105,900, but the decreases were much more pronounced in Altcoins, with Ether, Solana, XRP and Dogecoin among those chips that looked 5% falls to 5%.
Risk assets in general had a poor beginning on Thursday when President Trump threatened the renewed tariff measures as the deadline for the commercial agreements of early July begins to approach.
In addition, with nuclear negotiations with Iran that do not work well, there were fears driven by Israeli attacks against Iranian nuclear sites.
“Look, there is a possibility of mass conflict,” Trump told White House journalists on Thursday. “We have many Americans in this area, and I said we have to tell them to leave, because something could happen soon, and I don’t want to be the one who did not give any warning and the missiles are flying.”
“I don’t want to say imminent, but it seems that it could happen,” Trump said about Israel potentially hitting Iran. He said he had advised an attack while the negotiations were ongoing.
While US stocks were able to shake the headlines and close with modest profits, the crypts were not so lucky.
Green outbreaks?
The rally in risk assets, including Crypto, in recent weeks has taken place in the middle of a Federal Reserve of the United States, apparently determined not to alleviate monetary policy in the predictable future.
And yet, there are still signs that weak economic data can soon force the hand of the Fed, a much more slow pace of weaker employment and inflation gains between them. Two more data points arrived on Thursday in the Price Index of the May producer, which occurred softer than the forecast both at the main levels and in the nucleus, and the initial unemployment statements, which unexpectedly coincided with the maximum of 248,000 of each month last week.
Continuous unemployment claims increased to 1,956 million, the third consecutive gain and the highest level since November 2021.
President Trump continued his crusade to the president of the Fed of Goad, Jerome Powell, in a more misleading position, calling him “Numbskull” for not reducing rates. “You may have to force something,” he threatened Trump. Powell’s term as Fed head does not end until 2026 and the president had said previously to say goodbye before that was not an option.
