AdLunam

## Argentina and USA Trade Deal: impact on the cryptocurrency markets

### Reaction from the initial market to the announcement of the Argentina-USA trade agreement

On April 15, 2025, President Milei of Argentina announced his desire to sign a new trade agreement with the United States, describing it as mutually beneficial (source: Twitter @roverc, April 15, 2025). Immediately after this announcement, the cryptocurrency markets showed a varied response. Bitcoin (BTC) experienced a slight increase, its price increasing by $ 65,000 to $ 65,000 to $ 65,780 in the first hour after cancellation (Source: Coinmarketcap, April 15, 2025, 10:05 am UTC). Conversely, Ethereum (ETH) experienced a minor drop of 0.5%, from $ 3,200 to $ 3,184 during the same period (source: Coingecko, April 15, 2025, 10:05 am UTC). The volume of trading for BTC and ETH jumped 15% and 10%, respectively, indicating increased interest in the market (source: Cryptocompare, April 15, 2025, 10:30 am UTC). The BTC / USD pair experienced a volume of 2.5 million BTC negotiated, while the ETH / USD pair recorded 1.8 million ETH exchanged during the first hour (source: Binance, April 15, 2025, 10:30 am UTC).

### Trade implications and analysis

The announcement of a potential trade agreement between Argentina and the United States aroused speculation about its impact on the global economy, which in turn influences the cryptocurrency markets. The slight increase in the price of bitcoin can be awarded to investors considering the trade agreement as a positive sign for global economic stability, which is often correlated with the upward trends of cryptocurrencies (source: Bloomberg, April 15, 2025). The overvoltage of the commercial volume suggests that traders are actively positioning themselves in anticipation of new market movements. The BTC / ARS trading pair on local scholarships in Argentina has increased a volume of 20%, the price increasing by 2.5% to 4,250,000 ARS per BTC (source: Ripio, April 15, 2025, 11:00 a.m. UTC). Channel metrics have shown a 5% increase in active addresses for BTC and an increase of 3% for ETH, indicating an increased network activity (source: Glassnode, April 15, 2025, 11:00 a.m. UTC).

### Technical indicators and volume data

Analysis of technical indicators After cancellation, the relative resistance index (RSI) for Bitcoin was 62 years, which suggests that it approaches an overracted territory, while RSI of Ethereum was at 55 years, indicating a more neutral position (source: TradingView, April 15, 2025, 11:30 am UTC). The divergence of Mobile Average Convergence (MacD) for BTC has shown a Haussier crossing, supporting more momentum up (source: tradingView, April 15, 2025, 11:30 a.m. UTC). The negotiation volume 24 hours a day against BTC reached 4.5 million BTC, and for ETH, it was 3.2 million ETH, reflecting sustained interest after cancellation (source: Coinmarketcap, April 15, 2025, 12:00 UTC). The volume of the BTC / ARS pair on Ripio increased to 3.5 million BTC by midday, with the stabilization of prices to 4,270,000 AR (source: Ripio, April 15, 2025, 12:00 UTC).

Market correlation ### Ai-Crypto

In the context of AI developments, the announcement of the trade agreement had a marginal impact on the tokens related to AI such as Singularitynet (Agix) and Fetch.ai (FET). Agix experienced a 0.8% increase in price to $ 0.75, while FET experienced an increase of $ 0.90 in the first hour (source: Coingecko, April 15, 2025, 10:05 a.m. UTC). The correlation coefficient between these AI tokens and major cryptocurrencies like BTC and ETH remained stable at 0.65, indicating a moderate relationship (source: cryptocurrency, April 15, 2025, 10:30 am UTC). The commercial volume of AI tokens has increased by 8%, which suggests that investors are cautiously optimistic about the broader economic implications of the trade agreement (source: Coinmarketcap, April 15, 2025, 11:00 a.m. UTC). The commercial algorithms directed on the AI ​​have shown a 2% increase in activity, potentially influencing the volume changes observed (source: Kaiko, April 15, 2025, 11:30 am UTC).

### FAQS

** Q: How does the Argentine-USA trade agreement affect the price of Bitcoin? **

A: The announcement led to a 1.2% increase in the price of bitcoin during the first hour, mainly due to the implications of positive economic stability (source: Coinmarketcap, April 15, 2025, 10:05 am UTC).

** Q: What are the trading volume changes for chips after cancellation? **

A: AI tokens such as Agix and FET experienced an 8% increase in the volume of exchanges after the announcement of the trade agreement (Source: Coinmarketcap, April 15, 2025, 11:00 a.m. UTC).

** Q: How did the technical indicators respond to the news? **

A: RSI of Bitcoin reached 62 years, indicating that it approaches an exaggerated territory, while RSI D’Ethereum was 55 years, suggesting a more neutral position (source: tradingView, April 15, 2025, 11:30 am UTC).

For a more detailed analysis on the impact of global economic events on the cryptocurrency markets, consult our (last market report) (/ market reports).