Bill Ackman believes that against the backdrop of the escalation of the “Trading War of the United States” and the introduction of new duties, the country may face the “economic nuclear winter”, which will undermine the trust of the business, stop the influx of investment and lead to mass layouts.
“This is not what we voted for. Business is a game of trust. The US President may lose the trust of business leaders around the world, ”Ekman wrote on social networks X.
He added that the “undermining of trust in the USA” is already affecting the financial markets, especially in cryptocurrency.
Thus, the daily fall of Bitcoin reached 8% – the cost of the flagship cryptocurrency decreased to $ 77,300, at once eliminating almost $ 70 billion market capitalization. At the same time, the air, the second in capitalization of cryptocurrency, collapsed by 14% in 24 hours – up to $ 1,555.
Tracy Jin (Tracy Jin), Main Operational Director of MexC Exchange, He thinksthat in these circumstances, the digital assets market became extremely susceptible to negative scenarios, and this can carry the “threat of new disappointments” to crypto -investors. In particular, MexC Exchange analysts consider it likely that in the nearest trimester, the bitcoin exchange rate may decrease to $ 52,000- $ 56,000.
Earlier, the economist and analyst of the Consulting company Cane Island Alternate Advisors Timothy Peterson said that the probability of growth in the first cryptocurrency fell from 75%to 25%, and the likelihood of a decrease to $ 70 000, on the contrary, increased to 75%.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
