The price variation of bitcoin was less than 1% in 24 hours, showing low volatility.
The S&P 500 and Nasdaq gave back early morning gains.
The price of bitcoin registered a moderate movement following the recent statements by the President of the United States, Donald Trump, about the situation with Iran and the future of monetary policy in the country. Unlike previous episodes in which similar comments generated strong shocks in the market, this time the reaction was contained, reflecting greater caution.
Through the Truth Social social network, Trump referred to the possibility of extending the ceasefire with Iran, amid the diplomatic tensions that have brewed in recent weeks.
Given this, the price of bitcoin, which had started the day near $77,000, briefly fell towards 75,000 before stabilizing around $75,500which represents a variation of less than 1% in the last 24 hours.
Securities linked to the cryptocurrency ecosystem were the hardest hit during the day. Coinbase led the losses with a drop of more than 6%, followed by Robinhoodwhich fell around 4.5%. For its part, Galaxy Digital registered a drop of close to 5.5%, while Circle suffered the biggest decline, with a drop of approximately 8.3%.
In parallel, traditional markets also showed limited movements. The main stock indices of the United States closed with moderate falls: The S&P 500 fell around 0.6%, while the Nasdaq Composite recorded a similar decline, also close to 0.6%.
Debate on federal independence
The behavior of the digital asset also coincided with another key focus of attention for the markets: the appearance of Kevin Warsh, nominated to chair the Federal Reserve. During his speech before the Senate, Warsh defended central bank independence and avoided committing to immediate interest rate cutsdespite the existing political pressure, as reported by CriptoNoticias.
His statements were interpreted as a sign of prudence in monetary policy, which tends to moderate enthusiasm in assets considered higher risk, such as cryptocurrencies.
However, Warsh also adopted a constructive tone towards the digital ecosystem, by recognizing that cryptocurrency and bitcoin assets are already part of the modern financial system. This view helped balance market sentiment, avoiding sharp moves and reinforcing the long-term growth narrative for bitcoin.