Bitcoin rose slightly this Friday (8) amid comments from United States President Donald Trump, who downplayed attacks against Iran and alleviated risk avoidance. Furthermore, the market followed the release of the US jobs report, which demonstrates the resilience of the country’s economy.
At around 4 pm (in Brasília), bitcoin rose 0.15%, to US$ 80,111.16, while ethereum advanced 1.10%, to US$ 2,316.56, according to the Coinbase platform. During the week, both appreciated by 2.15% and 0.5%, respectively.
Oscillating during the morning, bitcoin fell below the US$80,000 range amid new uncertainties in the Middle East. Today, Tehran seized a ship and said it was ready to respond to Washington’s military actions.
With the Iranians still analyzing the proposal to end the conflict, Donald Trump tried to alleviate the episode in an interview with ABC News, stating that everything was a “love pat” and that the ceasefire is still maintained.
For Zaye Capital Markets, the statement helps risk assets to remain firm, but investors still remain cautious amid warnings that attacks could resume if Iran does not accept the deal.
In Jefferies’ view, the countries are close to an agreement, but “some escalation in the short term cannot be ruled out, as Trump tries to gain an advantage in the negotiations.”
In the US economic scenario, the payroll showed a higher-than-expected increase in jobs in April, with the unemployment rate stable and wages rising less than expected.
For Capital Economics, the data reinforces the chances of the Fed (Federal Reserve, the North American central bank) keeping interest rates unchanged.
Still, the director of the White House Economic Council, Kevin Hassett, said the central bank should ease monetary policy later this year. Chicago Fed President Austan Goolsbee said inflation is heading in the wrong direction.
*With information from Dow Jones Newswires.
