The prices of encoded currency decreased, as the total market value of all metal currencies decreased by approximately 4 % to less than $ 3.6 trillion.
Bitcoin (BTCMost of Altcoins was red, with symbols such as the assumption protocol, bittensor, NEO, and JasMycoin being the best arrears. All of these symbols were shattered by more than 15 % on Sunday.
The main reason for bitcoin and other continuous meaning of risks in the financial market amid the risk of customs tariffs.
President Donald Trump will implement a 10 % tariff on Chinese imports and 25 % tax on Mexican and Canadian goods. The three countries pledged to take revenge on these definitions, which risk a major economic crisis.
The new trade war has increased the volatility of the large market. US Standard Stock Indicators ended on Friday as markets analysis The latest reading to measure the preferred inflation of the federal reserve as well as threatening the tariff that is looming on the horizon.
Dow Jones, S&P 500 and NASDAQ indicators decreased by approximately 1 %. And inflation in the United States increased more than eight months, suggestion The Federal Reserve may not be reduced interest rates soon.
In addition to market fluctuations, these definitions will affect inflation and federal reserve. Economists expect that companies will increase prices to deal with price change. As such, General Motors and Ford Cars from Mexico will witness a 25 % increase. The same applies to other elements such as TV and smartphones.
The prices of cryptocurrencies decreased when there are significant fluctuations and economic risks in the United States. It also falls when the federal reserve is very charity.
Bitcoin prices forming double style

Moreover, bitcoin and others altcoins It is in red after the previous formed a highly dangerous scheme, indicating the negative side.
It formed a double pattern at $ 108,445, and the neck line is $ 88,940. The dual summit is one of the most popular downsides on the market.
Bitcoin also formed a decreased divergence style as the percentage of price fluctuations and the relative strength index lasted. The MACD PPO index, one of the most popular patterns of difference in the market, is derived.
Therefore, there is a risk of Bitcoin to $ 88,940, especially if you lose moving average support for 50 days. As such, Altcoins falls with high risk of bitcoin collapse.
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