Summary
- The easing of US-China trade tensions is expected to strengthen the cryptocurrency market.
- Experts positively evaluated the easing of inflationary pressures and improvement in global liquidity due to tariff reductions.
- Arthur Hayes of BitMEX mentioned the possibility of a market rebound due to easing tensions on X (formerly Twitter).
With the easing of the trade war between the United States and China, there are claims that the cryptocurrency market is expected to strengthen.
On the 12th (local time), Kirill Kretov, an analyst at CoinPanel, said in an interview with The Block, "The easing of tensions between the US and China creates a Risk-On environment," and "Bitcoin and cryptocurrencies are expected to strengthen."
He particularly focused on the positive effects that tariff reductions would bring. He said, "Tariff reductions have the effect of easing inflationary pressures. Global liquidity is also expected to improve significantly," and "Both of these will act as favorable factors for the market."
Arthur Hayes, co-founder of BitMEX, also expressed market rebound expectations due to easing tensions by posting "Buy everything" on X (formerly Twitter).
Meanwhile, a 'Risk-On environment' refers to an environment where investors have a higher preference for risky assets such as stocks and cryptocurrencies.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
