EURUSD, Bitcoin Outlook: Rebounds Ahead of Trade Wars
Key Events:
- Eurozone and UK reinforce support for Ukraine amid US-Russia-Ukraine peace deal negotiations
- Bitcoin rebounds above 92,000 following Trump’s mention of a strategic crypto reserve
- Trade war risks and key economic data releases this week fuel market uncertainty and volatility risks
Geopolitical Developments: Eurozone and Ukraine’s Strategic Moves
Following Trump and Zelensky’s dispute on Friday, which disrupted a proposed peace deal involving Ukraine’s mineral exports in exchange for US security guarantees, the EU and UK held an emergency security summit in London to reaffirm their support for Ukraine.
In response to Trump’s diplomatic stance with Putin, the EU has fast-tracked its defense initiatives, aiming to enhance security and establish at least a temporary ceasefire to facilitate further negotiations.
Bitcoin Surges Above 90,000 on Strategic Crypto Reserve Plans
In addition to trade war risks and geopolitical tensions in the first week of March, Trump’s announcement of a strategic crypto reserve—which includes Solana, XRP, Cardano, Bitcoin, and Ethereum—triggered a significant rally in the crypto market.
Interestingly, around this time last year, Bitcoin was also rallying back toward its previous record highs near 70,000. However, upside potential remains uncertain, as trade war risks and economic concerns persist. If peace negotiations progress and economic indicators align positively, Bitcoin could challenge its previous all-time highs or even set new records in 2025.
From time to time, StoneX Financial Pty Ltd (“we”, “our”) website may contain links to other sites and/or resources provided by third parties. These links and/or resources are provided for your information only and we have no control over the contents of those materials, and in no way endorse their content. Any analysis, opinion, commentary or research-based material on our website is for information and educational purposes only and is not, in any circumstances, intended to be an offer, recommendation or solicitation to buy or sell. You should always seek independent advice as to your suitability to speculate in any related markets and your ability to assume the associated risks, if you are at all unsure. No representation or warranty is made, express or implied, that the materials on our website are complete or accurate. We are not under any obligation to update any such material.
As such, we (and/or our associated companies) will not be responsible or liable for any loss or damage incurred by you or any third party arising out of, or in connection with, any use of the information on our website (other than with regards to any duty or liability that we are unable to limit or exclude by law or under the applicable regulatory system) and any such liability is hereby expressly disclaimed.
City Index is a trading name of StoneX Financial Pty Ltd.
The material provided herein is general in nature and does not take into account your objectives, financial situation or needs.
While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. This is not an invitation or an offer to invest nor is it a recommendation to buy or sell investments.
StoneX recommends you to seek independent financial and legal advice before making any financial investment decision. Trading CFDs and FX on margin carries a higher level of risk, and may not be suitable for all investors. The possibility exists that you could lose more than your initial investment further CFD investors do not own or have any rights to the underlying assets.
It is important you consider our Financial Services Guide and Product Disclosure Statement (PDS) available at www.cityindex.com/en-au/terms-and-policies/, before deciding to acquire or hold our products. As a part of our market risk management, we may take the opposite side of your trade. Our Target Market Determination (TMD) is also available at www.cityindex.com/en-au/terms-and-policies/.
StoneX Financial Pty Ltd, Suite 28.01, 264 George Street, Sydney, NSW 2000 (ACN 141 774 727, AFSL 345646) is the CFD issuer and our products are traded off exchange.
© City Index 2025