empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
19.02.2025 10:30 AM
Why Is the Cryptocurrency Market Under Pressure? (Potential Bitcoin Rise and Litecoin Decline)
Open trading account Open demo account

If we look at the performance of major cryptocurrencies, their last notable price surge against the US dollar was observed at the conclusion of the US presidential election campaign.

Many tokens nearly doubled in price in anticipation of Donald Trump's decisive victory, reflecting expectations of a shift in the US economic policy paradigm. This excitement was further fueled by reports that Trump himself had launched a cryptocurrency project.

With the election of the 47th president and his statements on the future role of cryptocurrencies in the national economy, crypto traders became noticeably optimistic, actively accumulating tokens in the hope that other market participants would follow. However, the situation turned out to be more complex. The market has not yet signaled further price increases; instead, many traders used Trump's victory as an opportunity to lock in profits.

While some market participants are trying to hold Bitcoin and Litecoin near their recent highs, the overall picture suggests that broad-based catalysts for further growth are currently lacking. Until more favorable conditions emerge, cryptocurrencies are likely to trade within sideways ranges.

Why Is the Crypto Market Behaving This Way?

It's no secret that cryptocurrencies are now effectively traded against the US dollar, which means their performance is largely influenced by the dollar's dynamics against other currencies.

Both Bitcoin and Litecoin have recently shown a clear correlation with movements in the US dollar. While local factors—such as the conclusion of the US election and Trump's pro-crypto rhetoric—have played a role, the primary driver behind the stalling of the rally appears to be Trump's concern over the global role of the US dollar.

Trump has expressed a desire to preserve the dollar's influence, which was reportedly a topic of discussion during his recent call with Russian President Vladimir Putin. The US economy relies heavily on maintaining at least significant dominance of the dollar in global trade and finance. Therefore, it is unlikely that Trump would actively promote cryptocurrency adoption at the expense of the dollar. This represents a key fundamental constraint on further token appreciation.

Another major factor is the expectation that Trump's policies favoring import restrictions will strengthen the dollar. The recent rise in inflation data makes it unlikely that the Federal Reserve will continue cutting interest rates in the near term. A stronger dollar typically weighs on Bitcoin and other digital assets, but the uncertainty surrounding Trump's political and economic strategy has left investors hesitant. The key question remains: when will this uncertainty end? That is something no one can answer definitively.

For now, sideways movement is likely to continue in the crypto markets, with sporadic price spikes in both directions.

Market Forecast

This image is no longer relevant

This image is no longer relevant

Bitcoin

The token is trading within a narrow range, impacted by the factors discussed above. Moving between $93,970 and $98,476, Bitcoin could see some local support and push toward the upper boundary, but overall, it is likely to remain range-bound for some time.

Litecoin

Litecoin is also trading in a range, though wider at $96.85–$137.50. For now, it appears stuck within this zone. A failure to break above the upper boundary could lead to a local reversal and a decline toward the lower end of the range.

Pati Gani,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Fundamental analysis
What to Pay Attention to on May 13? A Breakdown of Fundamental Events for Beginners Quite a few macroeconomic events are scheduled for Tuesday, but most are expected to have only a minor impact on the movement of both currency pairs. As a reminder
Paolo Greco
05:59 2025-05-13 +02:00
1270
Trading plan
Trading Recommendations and Analysis for GBP/USD on May 13: A Sudden Turn On Monday, the GBP/USD currency pair experienced a significant decline, which was driven by progress in negotiations between China and the United States. The logic here is strikingly simple
Paolo Greco
05:08 2025-05-13 +02:00
1270
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

What to Pay Attention to on May 13? A Breakdown of Fundamental Events for Beginners

Quite a few macroeconomic events are scheduled for Tuesday, but most are expected to have only a minor impact on the movement of both currency pairs. As a reminder
Paolo Greco 05:59 2025-05-13 UTC+2

EUR/USD. The Dollar Is Back in the Saddle. But for How Long?

The greenback is back on top: the U.S. Dollar Index hit a four-week high on Monday, responding to the announcement of a three-month truce in the trade war between
Irina Manzenko 01:01 2025-05-13 UTC+2

China Helped the Dollar Halt Its Decline

The CFTC report released on Friday showed minimal changes in overall currency positioning, with the net USD position against major currencies decreasing by a symbolic $0.1 billion to—$17.2 billion
Kuvat Raharjo 00:24 2025-05-13 UTC+2

The Dollar Takes Time to Saddle Up but Rides Fast

Investors have shifted from the "Sell America" strategy that emerged after the White House imposed tariffs to "Buy America" amid positive developments in U.S.-China trade relations. While the S&P
Marek Petkovich 00:23 2025-05-13 UTC+2

Bitcoin Has Completed Its Minimum Task

Bitcoin has broken above the 100,000 mark, entered a consolidation phase, and confirmed the familiar pattern. Previously, after breaking through psychologically significant levels, the cryptocurrency experiences a period of stagnation
Marek Petkovich 00:23 2025-05-13 UTC+2

Has Common Sense Prevailed? (High probability of #SPX growth and a drop in gold prices)

On Monday, the United States announced "significant progress" in trade talks with China following a two-day meeting in Switzerland over the weekend. Markets reacted to this news with a gap-up
Pati Gani 11:00 2025-05-12 UTC+2

GBP/USD. An Important Week for the Pound

The GBP/USD pair is again under pressure due to the broad strengthening of the U.S. dollar. Last week, the pound attempted to break into the 1.34 zone in reaction
Irina Manzenko 10:49 2025-05-12 UTC+2

The Market Will Face Reality

How quickly things change on the financial markets! Before America's Liberation Day, investors viewed the 10% universal import tariff as disastrous. Now, it's seen as the most favorable option
Marek Petkovich 09:18 2025-05-12 UTC+2

What to Pay Attention to on May 12? A Breakdown of Fundamental Events for Beginners

There are no macroeconomic events scheduled for Monday. Fundamental developments will also be limited, but at this point, it is entirely unclear which factors are influencing price formation. The pound
Paolo Greco 06:51 2025-05-12 UTC+2

EUR/USD. Weekly Preview. Prepare for Price Turbulence

The upcoming week promises to be volatile. First, the market will react to the results of the Geneva meeting between representatives of the US and China. Second, key reports
Irina Manzenko 05:34 2025-05-12 UTC+2

Top analytics

Relevance up to 22:00 2025-05-13 UTC--4
USD/JPY Forecast for May 13, 2025
04:49 2025-05-13
Technical analysis
Relevance up to 22:00 2025-05-13 UTC--4
EUR/USD Forecast for May 13, 2025
04:49 2025-05-13
Technical analysis
Relevance up to 23:00 2025-05-13 UTC--4
How to Trade the EUR/USD Pair on May 13? Simple Tips and Trade Analysis for Beginners
05:59 2025-05-13
Trading plan
Relevance up to 23:00 2025-05-13 UTC--4
What to Pay Attention to on May 13? A Breakdown of Fundamental Events for Beginners
05:59 2025-05-13
Fundamental analysis
Relevance up to 22:00 2025-05-13 UTC--4
GBP/USD Forecast for May 13, 2025
04:49 2025-05-13
Technical analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.