AEX Koers is falling firmly – does everyone flee to Bitcoin?

The AEX appears to open at 926 points today. A considerable decrease versus the 933 points that we saw yesterday. That seems to be the result of uncertainty on the American bond market, after the Trump government made it clear not not to pursue an economical budget policy.

Investors lose confidence

This way, investors lose a bit of faith in governments when it comes to their budget policy. Trust in that area was already brittle, but after yesterday the bonds will not be lower. They rose further on the market for US government bonds.

And in principle that also pinches economic growth in the United States. Higher interest rates on the bond market also mean that consumers and companies pay higher interest rates for borrowing capital.

In theory, that is not good for the stock market, because that will have a restrictive effect on consumer spending. But also on the ability of companies to invest and grow.

For that reason, the AEX also seems to brake a bit today, just like the American stock exchange yesterday ended with a sharp fall.

Bitcoin benefits

For the time being, Bitcoin in particular benefits from the uncertainty in global bond markets. The digital currency is currently trading around $ 111,000, and therefore seems to behave like a safe haven.

That can also change again, but for now that is the trend. And that will keep the AEX bothering. In any case, this does not seem like the climate in which we are going to start a sustainable new bull market.

Also not for Bitcoin, because in the end the digital currency also needs a strong economy to climb to higher prices. At the moment there is simply too much uncertainty above the market.