Bitcoin and Ethereum and DogCoin decrease amid supportive ads of encrypted currencies from Trump: Senior traders put their eyes in BTC goal of $ 500,000, and $ 20,000 for ETH – GrayScale Bitco Mini Trust (BTC) shared with unusable partial benefits (ARCA: BTC)

The main currencies rose slight Donald Trump administration.

What happened: Bitcoin The pair recorded a volatile momentum over the past 24 hours, as it has risen to the highest level at 106,500 dollars in the morning before it decreased to 103,000 dollars by evening.

The motivation behind the morning height was speculation to issue an executive order to create a strategic bitcoin reserve. In the end, Trump has signed something that would evaluate the creation of a “national strategic stock of digital assets”.

In addition, the guidance of the Securities and Exchange Commission has been canceled that restricts banks’ ability to save cryptocurrencies.

Ethereum More than Bitcoin has risen, perhaps due to the expectations of its inclusion in the potential digital asset stock.

More than $ 382 million from the cryptocurrency market has been filtered during the past 24 hours, and the long liquidation value reached 262 million dollars. However, Bitcoin’s recovery to $ 107,000 can lead to the liquidation of approximately $ 368 million of short centers.

More than 50% of traders accounts are present Pinns They put long centers on Bitcoin, indicating expectations for a recovery.

Market morale remained one of the “greed”, according to the index of fear and coded greed.

The highest winners (24 hours)

The global market value of encrypted currencies was 3.56 trillion dollars, with a slight contraction of 0.17 % over the past 24 hours.

The stocks continued their gains on Thursday. the Standard & Poor’s 500 It increased by 0.53% to close at a new record at 6,118.71. the Dow Jon’s industrial average The stock increased 408.34 points or 0.92% to close at 44565.07 points. Focus on technology Nasdak The stock profit 0.22% to close at 20053.68.

This rise comes after President Donald Trump called for immediate discounts in interest rates during a virtual speech at the World Economic Forum 2025.

It is also possible that the market will take into account Trump’s statements about reducing taxes on companies from 21% to 15% on companies that manufacture in the United States.

See more: The best optical scanners of encrypted currencies

Analyst notes: A famous analysis company on the series Santimint He highlighted the highest new level ever for the governor that contains between 100 and 1000 Bitcoin – one of the leading bitcoin indicators.

The company added: “This rise in the confidence of the main stakeholders is another promising sign for the year 2025.”

The famous cryptocurrency dealer Michael van de Bob It set a $ 500,000 dollar price per bitcoin and $ 20,000 per Ethereum, due to the latest friendly executive orders encrypted by President Trump.

He pointed out that “the course started.”