Crypto Rise after the deal of the USA and Saudi Arabia

QCP researchers believe that the financial markets went up after an unexpected trading breakthrough between the United States and Saudi Arabia. Washington concluded a large -scale agreement by $ 600 billion, within the framework of which the parties agreed to reduce tariffs, which caused a wave of optimism at global venues. The shares rushed up, and the S&P 500 index completely played a 17% fall according to the results of last month.

Additional support for the market was provided by fresh inflation statistics in the USA – the consumer price index – below expectations, weakening fears about the tightening of monetary policy. Nevertheless, the federal reserve system so far retains a cautious position. At the last meeting, representatives of the regulator emphasized the dependence of further decisions on macroeconomic data, indicating potential risks from the tariff policy.

“Although the market lays the 1st possible rate of reduction by July, many experts consider softening more likely only in September. The forecast for the number of reduction for 2025 also decreased – now 2 steps are expected down, while a month ago the market was counting on 4, ”the experts recalled.

Against the background of a general turn of appetite to risk, cryptocurrencies were again in the spotlight. Bitcoin almost reached its historical maximum, and the broadcast, which lagged behind, began to reduce the gap: the quotes in the Eth/BTC pair rose to the level of 0.025. The market participants are sure that the growth potential in digital assets is preserved, especially against the background of an approaching event – on May 19, Coinbase shares will be officially included in the S&P 500 index.

Historically, the entry of large companies in the S&P 500 causes short-term bursts of demand due to the red-balance of portfolios of passive funds. It is expected that this time Coinbase will play the role of a catalyst for a cryptosector, heating the interest of investors and strengthening the growth pulse.