empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
26.02.2025 12:09 PM
Have the Worst Times Arrived for the Cryptocurrency Market? (There is a possibility of further declines in gold and Bitcoin prices after an attempted upward correction)
Open trading account Open demo account

Since Donald Trump's victory in the presidential race last November, the majority of significant cryptocurrency tokens have either sharply corrected downward or entered a consolidation phase within a sideways range.

One might have expected that the return of President Trump would provide strong support for the cryptocurrency market. His previous favorable statements about the future of this financial sector, along with the launch of a Trump family token, should have sparked a renewed demand for these popular financial assets. However, this did not occur. On the contrary, the enthusiastic growth seen earlier has diminished, and for many assets, it has been completely erased.

This situation once again demonstrates the artificial nature of the factors driving demand for these financial instruments, making trading them a much more complex endeavor compared to the stock and forex markets, which were previously considered the most high-risk.

Returning to the crypto market situation—what prevents token demand from rising? The primary factor is the uncertainty surrounding the future state of the U.S. economy amid Trump's domestic and foreign policies. The threats—and, in some cases, already implemented—tariff increases on Chinese imports create uncertainty about their actual impact on the U.S. In this environment, crypto investors are unsure whether demand for these assets will grow.

Trump's protectionist policies, which have already begun taking effect in the U.S., could become a strong catalyst for increased demand in the stock market, particularly for shares of companies that may surge in the short and medium term. For example, today's 4% rise in copper prices, driven by higher import tariffs on the metal, is expected to support stocks of mining and metallurgical companies. In such a scenario, many token investors may start questioning whether it makes sense to take risks with cryptocurrencies when they could simply buy stocks of these companies and, in addition to potential price appreciation, receive dividends—which isn't a bad deal. This trend could spread across the entire market.

Investors previously accumulated capital in crypto assets, which could easily be shifted to stocks. The role of the U.S. dollar should not be overlooked. Although the dollar is currently facing pressure, the gradual stabilization of the American market, along with Trump's efforts to strengthen the dollar's global position, could lead to increased demand for it.

What about gold? The sharp profit-taking in gold observed yesterday suggests that a potential resolution of tensions between Russia and the West, particularly the U.S., could significantly reduce geopolitical risks—or even neutralize them temporarily. In this scenario, investors may start seeking assets that can generate some interest income, which is something gold cannot provide.

History tells us that the U.S. stock market experienced rapid growth after World War II. A similar situation could unfold in America soon—provided Trump manages to strike a deal with Putin and put the U.S. economy on a growth trajectory.

What can we expect from the cryptocurrency market?

If this scenario unfolds, the crypto market could be pushed to the sidelines, leading to a significant drop in token demand and, consequently, a decline in their value—especially against the U.S. dollar.

What to expect from the markets today?

The U.S. and crypto stock markets will likely consolidate within sideways ranges. As for the dollar, a temporary rebound in the ICE dollar index to 106.75 is possible, but this should not yet be interpreted as a change in the current trend. This week, the market's primary focus is the PCE index report, a key indicator for Fed rate decisions, and the second estimate of U.S. GDP for Q4 2024.

This image is no longer relevant

This image is no longer relevant

Daily Forecast

Gold

Gold has reached our previous target level of 2,903.00. A break below this level could lead to further demand weakness and a decline to 2,876.15.

Bitcoin

Bitcoin remains under significant pressure due to waning interest amid global and U.S. economic developments. The price may correct upwards toward 91,095.00, from which it could rebound and retest the support level of 86,080.70.

Pati Gani,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Wave analysis
GBP/USD Analysis on April 27, 2025 The wave structure for the GBP/USD pair has also transformed into an upward, impulsive pattern — "thanks" to Donald Trump. The wave pattern is almost identical to that
Chin Zhao
19:42 2025-04-28 +02:00
1315
Forecast
USDJPY: Simple Trading Tips for Beginner Traders for April 28th (U.S. Session) There were no tests of the designated levels in the first half of the day, so I stayed out of the market. In the second half of the day, there
Jakub Novak
19:36 2025-04-28 +02:00
1225
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Bitcoin Can't Lose

There's never a dull moment with Bitcoin. Sometimes it behaves like a risky asset, sometimes like a safe haven. At the beginning of April, the cryptocurrency was jokingly referred
Marek Petkovich 19:03 2025-04-28 UTC+2

The Market Has Outplayed the Professionals

"Follow the smart money" — this classic principle of technical analysis suggests it's safer to side with professionals rather than the crowd. However, in 2025, such an approach would have
Marek Petkovich 19:00 2025-04-28 UTC+2

USD fails to be resilient

Is the US dollar overvalued? Bank of America thinks so. The bank points out that in previous cycles, when the USD Index peaked in the mid-1980s and early 2000s
Marek Petkovich 16:23 2025-04-28 UTC+2

ECB Ready to Cut Rates Further

Officials at the European Central Bank are preparing for further interest rate cuts, anticipating that U.S. tariff policies will inflict serious and prolonged damage on the economy, even
Jakub Novak 09:24 2025-04-28 UTC+2

The Upcoming Week May Be Positive for Markets but Negative for the Dollar and Gold (we expect further growth in CFD contracts for S&P 500 futures and Bitcoin)

The upcoming week will be rich in important economic data releases, which could have a noticeable impact on market dynamics — but will they be able to? Amid the geopolitical
Pati Gani 09:12 2025-04-28 UTC+2

EUR/USD. Weekly Preview. Eurozone Inflation, U.S. GDP, ISM Manufacturing Index, April Nonfarm Payrolls

The upcoming week's economic calendar is packed with important releases. As usual, the beginning of a new month brings significant macroeconomic reports from the U.S. and the Eurozone, typically triggering
Irina Manzenko 06:49 2025-04-28 UTC+2

What to Pay Attention to on April 28? A Breakdown of Fundamental Events for Beginners

No macroeconomic events are scheduled for Monday. If the market barely reacted to macroeconomic data last week, there is nothing to expect on Monday. Of course, Donald Trump could make
Paolo Greco 05:51 2025-04-28 UTC+2

The U.S. Dollar. Weekly Preview

The United States is facing an important week, but it is unlikely to be important for the U.S. dollar. Significant reports on the labor market, job openings, unemployment
Chin Zhao 01:05 2025-04-28 UTC+2

British Pound. Weekly Preview

The British pound is doing even better than the euro. The market keeps finding additional reasons to increase demand for the pound, even when the euro remains stagnant. Therefore, even
Chin Zhao 01:05 2025-04-28 UTC+2

XAU/USD. Analysis and Forecast

Gold maintains a bearish tone today, though it has slightly recovered from the daily low, climbing back above the $3300 level. Investors continue to hope for a potential de-escalation
Irina Yanina 12:23 2025-04-25 UTC+2

Top analytics

Relevance up to 07:00 2025-04-30 UTC--4
GOLD – Technical Analysis Overview
06:49 2025-04-28
Technical analysis
Relevance up to 01:00 UTC--4
EUR/USD: Simple Trading Tips for Beginner Traders on April 28. Review of Yesterday's Forex Trades
08:19 2025-04-28
Forecast
Relevance up to 04:00 UTC--4
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and US Dollar Index — April 28th
09:32 2025-04-28
Wave analysis
Relevance up to 09:00 UTC--4
USD/JPY – Summary and Prospects
03:51 2025-04-28
Technical analysis
Relevance up to 04:00 UTC--4
Weekly Forecast Based on Simplified Wave Analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and GOLD — April 28th
09:28 2025-04-28
Wave analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.