Editor's PiCK
Signs of Rebound in Risk Assets Including Virtual Assets Amid Prospects of Easing Trump Tariff Policy
Summary
- It was reported that risk assets, including virtual assets, are showing signs of recovery amid prospects of easing Trump's tariff policy.
- Major virtual assets such as Bitcoin, XRP, and Solana are recording an upward trend, positively impacting the market.
- Expectations of easing U.S. tariff policy are contributing to the rebound in the stock market, but the KOSPI is reported to be declining.
Risk assets, including virtual assets (cryptocurrency), are recording an upward trend during the day. There is a sentiment of recovery as opinions emerge that President Donald Trump's tariffs may be more cautious than expected.
As of 1:34 PM (KST) on the 24th, Bitcoin (BTC) is recording an increase of 3.15% compared to the previous day, based on CoinMarketCap, at 86,760 dollars. At the same time, XRP and Solana (SOL) are also showing strong performances, rising by 2.73% and 6.46%, respectively.
It's not just the virtual asset market. The stock market also rebounded. At the same time, the KOSDAQ index in Korea is recording an increase of 0.36% compared to the previous trading day, at 722.02. Additionally, futures products linked to the S&P 500, Dow Jones Index, and Nasdaq Index are also showing strength. However, the KOSPI fell by 0.23%.
The background to the rise of these risk assets on this day is analyzed to be the news that the U.S. tariff policy may be eased. Multiple foreign media, including Bloomberg and The Wall Street Journal (WSJ), reported that some countries may be excluded from the tariff list, and the tariff policy may be weaker than expected.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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