The euro suspended from customs threats, Bitcoin benefits from hopes on US regulation

Around 11:40 am, the dollar appears stable (+0.01%) against the euro, to 1.1687 dollars, and grabbed 0.10% in the book, to 1.3479 dollars. Moreover,

Bitcoin has for the first time crossed the $ 123. Similarly. Nevertheless, 000 mark on Monday, carried by hopes in the sector of favorable American regulation, while the euro appears stable, investors soupting the threat of Donald Trump to surcharge European imports by 30%.

Bitcoin continued on Monday to chain records, climbing up to 123,205.09 dollars. Meanwhile, The Ether, the second most capitalized cryptocurrency after Bitcoin, exceeded 3000 dollars.

The American House of Representatives must examine three major bills during a week that she herself baptized “Crypto Week”:. Nevertheless, the “Genius Act”. Nevertheless, on the Stablecoins. the “Clarity Act” on the structure of the Crypto market, and “the anti-CBDC surveillance state”, to prohibit digital central bank currencies euro suspended customs threats, bitcoin (whose acronym in euro suspended customs threats, bitcoin English is CBDC).

“Trump was a fervent defender of cryptocurrencies. and his promises seem ready to be integrated into the law,” says Susannah Staughter, of Hargreaves Lansdown. “This could encourage more companies and financial institutions to hold” digital currencies.

In addition. “speculators rush on cryptocurrencies due to concerns about the unbearable budgetary situation in the United States. the dollar reputation,” added the analyst.

In recent weeks. Bitcoin has also benefited from “financial flows to ETF”. investment products that evolve according to the performance of this cryptoactive, “and new institutional investments”, recalls Bob Savage, analyst at Bny Mellon.

For its part, the greenback was stable (+0.01%) against the euro, to 1.1687 dollars, and scraped 0.10% in the book, to 1.3479 dollars around 9:40 gmt (11:40 am in Paris).

After Donald Trump agitated the threat of customs duties of 30% on European products euro suspended customs threats, bitcoin imported into the United States from August euro suspended customs threats. bitcoin 1, the twenty-seven suspended a possible response.

European Union trade ministers meet in Brussels on Monday to refine their strategy.

“Investors hesitate between the hope that Trump’s threats are only a vast tactic of negotiation. the fear that his impatience will turn into revenge. that significant increases in customs duties come into force in August,” said Ms. Streeter.

The pound also weakened. the governor of the Bank of England Andrew Bailey who told Times on Sunday that the institution could lower. its interest rates if the job market slows down because of the increase in employer contributions.