
Bessent Highlights Trump’s Strategic Uncertainty Impact on Crypto Markets: Analysis for Traders | Flash News Detail
From a technical perspective, key indicators level to continued bearish momentum following the information. As of 1:00 PM UTC on April 29, 2025, Bitcoin’s Relative Energy Index (RSI) on the 4-hour chart dropped to 38, signaling oversold circumstances however no rapid reversal (Supply: TradingView Technical Information, April 29, 2025, 1:00 PM UTC). The Shifting Common Convergence Divergence (MACD) for BTC/USD confirmed a bearish crossover at 12:30 PM UTC, with the sign line dipping under the MACD line, reinforcing downward stress (Supply: TradingView MACD Information, April 29, 2025, 12:30 PM UTC). Ethereum’s Bollinger Bands tightened considerably by 1:15 PM UTC, indicating diminished volatility however a possible breakout under the decrease band at $3,100 (Supply: TradingView Bollinger Information, April 29, 2025, 1:15 PM UTC). Buying and selling quantity for BTC on Coinbase surged to $850 million between 10:30 AM and 1:30 PM UTC, a 22% enhance from the prior 3-hour common, reflecting panic promoting (Supply: Coinbase Quantity Information, April 29, 2025, 1:30 PM UTC). For AI tokens, Fetch.ai’s buying and selling quantity on KuCoin spiked by 30% to $95 million in the identical timeframe, pushed by heightened retail exercise (Supply: KuCoin Quantity Information, April 29, 2025, 1:30 PM UTC). The correlation between AI-driven tokens and market sentiment stays evident, as destructive information impacts tech-heavy property disproportionately. Buyers querying ‘Bitcoin RSI April 2025’ or ‘AI token quantity surge’ will discover this knowledge important for timing entries or exits. Total, the market response to Trump’s strategic uncertainty, as highlighted by Bessent, underscores the interconnectedness of politics, AI sentiment, and crypto valuations, providing each dangers and alternatives for astute merchants.
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