Bitcoin recorded a 0.5% increase on Monday morning, reaching $106,582 after recovering from a sharp weekend drop that saw it touch $102,000. The rebound came amid shifting risk sentiment influenced by escalating geopolitical tensions. This upward movement also reflected positively on other cryptocurrencies, which managed to recoup part of their recent losses despite ongoing caution across markets.
Rising tensions in the region have shaken investor sentiment, especially with the intensifying field developments and their potential implications for regional stability. These events led to the postponement of planned diplomatic talks and increased global market uncertainty. Such developments tend to have a direct impact on high risk assets, particularly digital currencies.
At the same time, markets are closely watching this week’s U.S. Federal Reserve decisions, with expectations pointing to a rate hold. However, investor focus is primarily on comments from Fed Chair Jerome Powell, who may offer insights into the central bank’s future policy direction, especially amid mounting economic pressures and signs of slowing global growth.
This anticipation comes as the interplay between economic policy and digital asset markets continues to grow. Cryptocurrencies have become increasingly sensitive to geopolitical shifts and major monetary policy decisions.
In this context, Reuters reported that former U.S. President Donald Trump earned over $600 million from various sources in 2024, including digital assets, real estate, and brand licensing deals. Digital assets contributed significantly to the expansion of his wealth, which was estimated at around $1.6 billion. The report noted that Trump generated over $57 million from selling tokens under his “World Liberty” project raising questions about the potential influence of pro crypto policies and whether such stances might align with personal interests of political figures.
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