Bitunix analyst: The United States owes over $3 billion to the United Nations, Trump attends the General Assembly, U.S. political risks are rising and driving encryption volatility.

robot
Abstract generation in progress

BlockBeats news, on September 23, the United States has unpaid regular and peacekeeping contributions, owing over $3 billion to the United Nations. Trump personally attended the UN General Assembly and strongly criticized the UN, which may trigger diplomatic tensions and budget struggles. If the debt continues, the U.S. faces substantial consequences such as losing its voting rights at the UN General Assembly. The political risk in the U.S. is rising in the short term, and market risk aversion is increasing. Gold may see buying interest during this period of uncertainty; technology and risk assets are under pressure, and funds may flow towards cash and high liquidity assets. If the situation leads to a broader international counteraction, risk premiums may persist. In the crypto market, BTC price has fallen from around $117,900; if it breaks below $111,000, the next key support is around $108,000. Bitunix analysts suggest that this is a political/budgetary event in the U.S., driven by emotions and legal processes, with short-term fluctuations likely. The long-term impact depends on whether the White House and Congress can quickly compromise after the meeting or resolve through court rulings. Watch whether the U.S. can resolve the crisis through fund allocation or temporary appropriations; if immediate relief cannot be achieved, funds will lean towards gold, suppressing risk assets. The market will be more sensitive to subsequent diplomatic statements and court litigation progress. BTC resistance is at $119,000–$120,500; primary support at $111,000, if lost, look towards $108,000.

BTC0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)