The price of Bitcoin today has increased to $ 90,500 in the afternoon and experienced a new relief rally in the wavy markets. This movement on Wednesday followed the rise in the crypto market at the weekend. On this rise, US President Donald Trump proposed to add subcoins to a strategic crypto reserve.

However, the market fell again due to symptoms of weakness in the US economy and increasing customs duty concerns. On the other hand, investors have turned their eyes to a crypto summit in the White House on Friday. This meeting will participate in the pro -Bitcoin Microstrategy President Michael Saylor. So what factors adopts optimism in the market in this environment…

Trump and customs duties

Trump’s decision to apply 25 %customs duties to the goods coming from Mexico and Canada, withdrawn investors and withdrew the stock market indices. On Tuesday, however, Trade Minister Howard Lutnick said Trump would probably explain a compromise, and this explanation alleviated the fear in the markets.

“It is quite uncertain and difficult to manage, which increases the volatility, Tip said Tipranks.com Analyst Neil Wilson, emphasizing whether the biggest problem is whether the customs duties will be permanent.

Germany and defense expenditures

Chancellor Candidate Friedrich Merz in Germany, Trump administration gave signals of withdrawal from Western Europe alliances, said that his country should take all kinds of steps to increase defense expenditures.

The new conservative German government agreed to relax the debt rules to increase defense expenditures above 1 %of GDP and to invest 500 billion euros in the country’s infrastructure.

“The main point is that Germany can borrow more and markets welcome it positively, Wil said Analyst Wilson.

US economy and market uncertainties

Although investors seem optimistic in the short term, they evaluate the effects of long -term customs duties and possible retaliation moves in the long run. “Now we should wait and see how long the US can withstand this tax attack, Wil said Wilson, Analyst Wilson said.

The data announced this week showed that manufacturers have limited their investments and that Trump took measures against the trade war. The leading retailers Walmart and Target warned investors about the stagnation in consumer expenditures. This shook the confidence in the US economy.

Meanwhile, the US dollar fell to the lowest level of the last three months. Deutsche Bank analysts emphasized that rapid changes in global economic and geopolitical balances, the status of being a safe port of the dollar can be questioned.

Frankfurt -based bank, in a report to its customers, “Global economy and geopolitical relations in the days is difficult to underestimate the size of changes in the dimensions,” he wrote.

As we have conveyed as Kriptokoin.com, there are views that claim that political policies in the United States will carry the price of Bitcoin to new peaks.