Bitcoin (BTC) News price: suffering at $ 110,000

Bitcoin

Rebounds hard around $ 110,000 on Wednesday, raising the brief risk waves of Tuesday which led to the price of less than $ 106,000.

Recently, the largest crypto has exchanged at its highest price since June 11, around $ 109,500, up 3.5% in the last 24 hours.

The action came while Donald Trump announced a commercial agreement with Vietnam, helping to risk assets at all levels. The Nasdaq at noon is 0.8%ahead.

Within the framework of the agreement, the United States will impose a tariff of 20% on Vietnam goods and a 40% levy on transhibited goods – products transported through Vietnam on their way to the exports of the Usus, in turn will not face at any rate when they enter the Vietnamese market.

Stimulate the feeling of crypto specifically could be the first (SSK)Crypto’s first jealous product available in the United States

“The volume in $ SSK now at 20 million dollars, which is really solid, the highest of 1% for a new launch,” Bloomberg analyst Eric Balchunas a short time ago. Balchunas noted that Solz – an ETF Sol -based on future that opened its doors in March – made only $ 1 million in volume during its first day of commerce.

July could be tall (in both directions)

According to Vetle Lunde, research manager in K33.

Trump is expected to sign a controversial expansionary budget bill on Friday on Friday nicknamed “Big Beautiful Bill”. The bill, which could expand the American deficit of 3.3 billions of dollars, is considered by some as bullish for rare assets like BTC, said Lunde.

Another key date that is profiled is the price deadline of July 9, which could see a more aggressive commercial posture of Trump.

Third, July 22 is the last deadline for action on the long -awaited cryptographic decree, with potential updates on the American Bitcoin Strategic Reserve.

“July is crowded with Trump’s latent volatility,” said Lunde. However, cryptographic markets are relatively calm without excessive foam, he noted.

“There are few reasons to expect a large massive deterioration in the cryptography market, as the crypto-levier contained,” he said. “This promotes the maintenance of exposure to the point and the patient’s maintenance as we progress in a period well known for his seasonal apathy.”

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