US President Donald J. Trump is one of his pro -renting promises and signed an executive order that would make him at least mandatory to keep the BTC cache. However, bitcoin prices have not yet felt the actual effect.
But before going into the details about this request signed on Thursday, let’s go back to the developments that were revealed during the weekend. After a few calm days after the last BTC player, the original remained about $ 85,000 before, on Sunday evening, Trump posted his social media that there are already plans to create a US -based encryption reserve that will retain some Altcoins and Bitcoin.
Prices exploded in minutes. BTC rose from its above level through ten Grand and benefited from a multiple peak of $ 95,000. However, it was found that this was fake as some analysts warned, and the cryptocurrency was thrown at $ 13,000 in the next 36 hours to less than 82,000 dollars on Tuesday.
It did not continue to be corrected in the following days. Quite the opposite, Bitcoin began to recover some land and the $ 90,000 door on occasions, but to no avail.
The first rejection came on Thursday, but the second big rejection on Friday morning pushed BTC South to $ 85,000 again. Interestingly, this came just minutes after Trump signed the executive order to stop bitcoin sales from the United States government, which has approximately 190,000 BTC (more than $ 17 billion).
Send this classic event for sale Bitcoin South news, but the original jumped to 91,000 dollars just a few hours ago. However, another rejection has reached this stage, and BTC is now struggling under $ 90,000. Today, despite this, it is not over, given the upcoming coding top to be held in the White House. Thus, more fluctuations are expected.
The weekly scene is very positive for BTC and many Altcoins, but this is mostly because the entire market decreased last Friday again. On a monthly scale, the situation is different, with most of the origins in the depths of the red color.
Market data
The maximum market: $ 3T | 24h Volume: $ 150 billion BTC dominance: 58.3 %
BTC: 88,090 dollars (+7.4 %) | ETH: 2,194 dollars (+1.1 %) | XRP: $ 2.49 (+18.4 %)
Curd addresses for this week you cannot miss
Ethereum Security is its lowest annual level: Is this the ultimate contradictory play? The second largest encrypted coin continues to be collapsed to less than $ 2000 earlier this week. Of course, the feeling of ETH has gone south seriously, but can this actually be a convincing blessing?
The decrease in the dollar index can be the back wind of encryption: analysts. Greenback has lost a large part of its value compared to other currencies. Moreover, analysts claim that Trump is planning to reduce its value. Interestingly, the weak dollar may mean the high prices of bitcoin and Palukain, and here are the reason.
Bukele challenges the International Monetary Fund, and confirms Bitcoin’s commitment to loans. The President of El Salvadori Nayeb Boucley obtained a loan deal from the International Monetary Fund for several months, and to assign parts of this agreement that the country reduces the participation of Bitcoin. However, Bukele refused to stop BTC investments and clarify a bullish perspective earlier this week.
Insert XRP, Sol and Ada in the American encryption reserve pushes merchants on the edge of the abyss. As mentioned above, Trump named several Altcoins, which could be included in the American Strategic Curd Research. Its prices are expected to rise in the double number immediately after The Sunday Post, which led to a large number of traders filtered on both sides, given the fact that these alts have regained severely after only one day.
Why Arthur Hayes optimistic about Bitcoin under Trump’s economic strategy. The co -founder of Bitmex was a audio critic of the Bitcoin Reserve in the United States. He believes that he will eventually serve the purpose of who is responsible, and ignore the entire encryption market. In a more modern post, Hayes stated that the Trump administration’s actions will be bullish with BTC.
Bybit Hacker is said to have a full washing of 1.4 billion dollars in only 10 days. The BYBIT, which is largely believed to a group of North Korea’s Lazaros, needed less than two weeks to wash the entire stolen amount, which was worth about $ 1.4 billion at the time of the accident.
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