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Bitcoin, ETHEREUM, DOGECOIN is located after Trump’s executive order on BTC Strategic Reserves: ETH is preparing for apostasy as long as it remains over $ 2200, says the analyst – Bitcoin Mini Trust (BTC) of the uncommon interest (Arca: BTC)

The leading cryptocurrencies fell on Thursday as president Donald Trump Executive order to create a strategy Bitcoin The reserve has become the “news sale” event.

Coded Events +/- Price (registered at 8:15 pm Each time)
Bitcoin BTC/USD -4.32 % 86,345.56 dollars
ethereum Eth/USD
-4.99 % 2,124.96 dollars
Dokwin Dog/Dollar 5.23 % 0.1920 dollars

What happenedThe leading cryptocurrency fell from $ 90,000 to 84,979 dollars in 40 minutes after the news became public before recovering to 86,000 dollars, as DIP traders bought.

ethereumThe second largest encrypted currency, also decreased to 2100 dollars after a rise in the day of $ 2,319.40.

Autumn came after Trump signed an executive order that establishes a bitcoin reserve and the stock of digital assets from other encrypted currencies, with funding from the assets that were confiscated by the US government. While the government may obtain an additional Bitcoin, additional purchases of digital stocks will not be made.

About $ 537 million has been rated from the cryptocurrency market during the past 24 hours, including $ 111 million in the last hour alone.

Bitcoin’s open interest has decreased by 2.58 % in the past 24 hours, while the percentage of traders who have been placed in Cryptocurrency has increased to 51 %.

Meanwhile, the cryptocurrency and greedy index of “extreme fear” improved to “fear” to these lines.

The best winners (24 hours)

Coded Events +/- Price (registered at 8:15 pm Each time)
Chronus (CRO) +6.18 % 0.0853 dollars
a movement (It moves) +5.60 % 0.4701 dollars
Ethene (Ena) +3.07 % 0.3619 dollars

The global market value of the cryptocurrency was $ 2.82 trillion, after a decrease of 4.55 % in the past 24 hours.

After a short return, the stocks resumed their correction on Thursday. the Dow Jon’s industrial average It decreased 427.51 points, or 0.99 %, to close at 42,579.08. the S & P 500 Licensed by 1.78 %, ended at 5,738.52, while technology is heavy Nasdak 2.61 % fell to close the session at 18,069.26.

The sale came despite the postponement of a 25 % tariff enforcement on most Mexico imports for a month. The commercial measures of management and reprisals by the main partners have rocked the markets during the past month.

See more: Best scanners encrypted currency

The analyst notes: Bitcoin holders have benefited from the long term from the continuous correction to fill their bags, according to widely encrypted currency analyst, Ali Martinez.

Martinez said: “Long -term holders are accumulating!

As for Ethereum, Martinez highlighted the importance of $ 2200.

“As long as the ETH remains above $ 2200, the chances of a recovery apostasy, especially with TD Sequetial Anching A Buy on the weekly graph,” he said.

Blockchain Analysis Company is known Cryptoquant He pointed out that Stablecoin’s reserves are in the exchange of cryptocurrencies Binance It struck the highest new level.

“Historically, the periods of Stablecoin reserves on Binance often coincided with, or even before, an increase in BTC prices and the broader rise in the encryption market,” the company mentioned.

Photi Rozen Photography on Shutterstock

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