#CryptoRoundTableRemarks Digital currencies today can be summarized in the following points:
1. Profit-taking: After periods of rising prices, some investors decide to sell their holdings to realize the profits made, leading to an increase in supply and consequently a decrease in prices.
2. Macroeconomic factors:
* Inflation data: Investors' anticipation of upcoming inflation data in the United States (Consumer Price Index CPI and Producer Price Index PPI) increases caution. This data can affect the Federal Reserve's decisions regarding interest rates.
* Dollar strength: A rise in the US Dollar Index may make other assets, such as digital currencies, less attractive compared to the dollar.
* Trade tensions: Ongoing trade tensions between the United States and China can negatively impact investor sentiment and push them towards safer assets.
3. Regulatory uncertainty: Any negative news or developments regarding increased scrutiny on digital currencies or the potential for bans in certain areas can trigger fear and lead to widespread selling.