Not much is happening in the crypto market at the moment. The Bitcoin price is hovering around the $110,000 mark and Ethereum has not yet managed to recapture the psychologically valuable $4,000 mark. While some people say that the zenith has been passed and the bear market is now beginning, the news situation suggests a recovery and possibly new highs. There are a lot of things to consider in the coming week that could move the markets.
Trade agreement between USA and China
The greatest uncertainty factor in the global financial markets is the incumbent US President Donald Trump. More specifically, the trade tariffs that he likes to throw around. Time and time again, tweets from the president cause the markets to collapse within a very short time and then rise again later when the all-clear is given.
Such an all-clear was also announced this week. The USA and China have become closer again during Trump’s trip to Asia and this could have a strong bullish effect on prices on the crypto market as early as tomorrow. Today there was official confirmation from the White House of what was negotiated with Chinese President Xi.
https://twitter.com/KobeissiLetter/status/1984791737928192393
Among other things, China should impose stricter controls on exports of chemicals used to produce fentanyl in the USA in order to curb the fentanyl problem in the USA. However, the strict export regulations for rare earths are to be lifted. Above all, the USA should also lift 10% of the trade tariffs on Chinese imports.
The easing in international trade and the fact that the world’s two largest economic powers are once again moving towards each other should stimulate the markets again. At least until the next piece of bad news arrives. This shouldn’t take long to arrive, which is why it’s more important to take short-term profits than to rely on things only going up from here. One of the coins that analysts expect to see extremely high short-term gains is Bitcoin Hyper ($HYPER).
Find out more about Bitcoin Hyper now.
Bitcoin Hyper before the price increase
Although the Bitcoin price is likely to continue to rise in the long term, many altcoins are having a difficult time in the current environment. Of course, exceptions prove the rule and Bitcoin Hyper is likely to be one of these exceptions. At least that’s what the current numbers suggest. Bitcoin Hyper is developing a layer 2 solution that is intended to equip Bitcoin with the functions of newer blockchains.
This means that interest can also be earned on Bitcoin on the new Hyper Chain, as has long been known from Solana or Ethereum, since DeFi applications can also be used on Layer 2, such as lending, staking or yield farming. The concept is already making waves and attracting the attention of analysts and investors.
($HYPER Token Presale – Source: Bitcoin Hyper website)
At the heart of the new Layer 2 solution is the $HYPER token, which is required for transactions, liquidity pools and much more. Investors currently still have the opportunity to buy $HYPER in the presale at a low fixed price and, according to some forecasts, this could be one of the most promising altcoins of this year. This is suggested not only by the strong use case, but also by the high demand.
Investors have already purchased over $25 million worth of $HYPER tokens, making Bitcoin Hyper one of the most successful ICOs in history. This means there is a good chance that there will be a price explosion after the stock market listing. The token price is increased several times during the pre-sale, which gives early buyers their first book profit. The next price increase will take place shortly.
Get in now and buy $HYPER in the presale.
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