Volatility in Bitcoin: Current Status and Future Expectations

In recent days, significant fluctuations in the value of Bitcoin have been observed. In the context of the uncertainty created by the trade tensions between the USA and China, Bitcoin experienced a recovery of 0.43% and returned to the level of $111,611. However, this value is still well below the $126,223 level it reached last week.

Behind this volatility is the discussion between U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent regarding restrictions on China’s exports of rare earth metals. This situation has reignited the trade wars and caused uncertainty in the markets.

Nonetheless, Treasury Secretary Bessent expressed hope that the upcoming meeting between President Donald Trump and Chinese President Xi Jinping at the end of the month has the potential to alleviate this tension. This meeting, framed within the political and economic interests of the parties, could influence investors' risk perception and reshape market fluctuations.

Financial analysts, while focusing on Bitcoin's current status, comment that this strategic meeting could create positive effects in the market. However, whether Bitcoin will return to its previously seen record levels will depend on global economic developments.

In this context, it is observed that the value of cryptocurrencies is highly sensitive not only to supply and demand dynamics but also to developments in international relations. Thus, Bitcoin is drawing attention as a particular investment vehicle even in developing countries like Turkey.