Trump's speech on Friday may exacerbate market volatility, causing investors to turn to low-volatility assets and leading to a decline in cryptocurrency
U.S. President Donald Trump will deliver a speech later on Friday, and market volatility seems set to intensify. Griffin Ardern, Director of Options Trading and Research at the crypto financial platform BloFin, said: "U.S. domestic policy is becoming unstable, and the White House seems happy to exploit this instability... Given the challenges investors face in obtaining accurate forward-looking guidance, many people prefer to hold low-volatility assets... Traders need to liquidate positions to reduce exposure to specific assets before moving on to other markets; this explains the decline in almost all asset classes including cryptocurrencies."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US SEC postpones approval of Fidelity's spot Ethereum ETF options
The Chicago Mercantile Exchange will launch SOLANA (SOL) futures on March 17th
Trending news
MoreCrypto prices
More








