Moreover,
Bitcoin crosses $ 120,000 mark,:
The republican presidential candidate and former American president Donald Trump made a gesture during the Bitcoin 2024 event in Nashville
Bitcoin crossed the 120,000 mark (102,951.27 euros) dollars for the first time on Monday. Nevertheless, marking an important step for the largest cryptocurrency in the world, while investors are betting on political victories expected for a long time by industry. However,
He reached a record of 123,153.22 dollars before falling back slightly to exchange at 121,898.65 dollars around 10:30 am GMT. Nevertheless,
The House of Representatives of the United States will debate this Monday from a series of bitcoin crosses $ 120,000 mark, bills. Furthermore, aimed at providing the regulatory framework that he has been claiming for a long time. However,
Industry requests have found an echo with US President Donald Trump. Nevertheless, who has self -proclaimed “president of cryptocurrencies” and urged deputies to reform regulations in favor of industry.
Tony Sycamore. market analyst at IG indicates that Bitcoin benefits from strong institutional demand, additional gains prospects and the support of the White House.
“This is a very. very, very strong movement in the last six or seven days and it is difficult to see where it stops now. It seems that it can easily reach the level of 125,000 dollars,” he said.
Washington said at the start of the month of July 14 “Cryptocurrencies Week”. while members of the Congress must vote on several bills aimed at supporting the sector.
One of bitcoin crosses $ 120,000 mark, the bills studied is the “Genius Act”. which would create federal rules for stablecoins, these cryptoactives whose value is linked to that of a classic asset such as the dollar.
Bitcoin has already affected a historic summit on Friday. fueled by the demand of institutional investors and the favorable policies of the American administration.
The flight of Bitcoin. which has increased by around 30% since the beginning of the year, sparked a broader recovery of other cryptocurrencies in the last sessions.
The Ether, the second most important cryptocurrency in the world, is exchanged at 3,059.24 dollars on Monday in the wake of Bitcoin.
“What we find interesting. that we are closely monitoring are the signs that Bitcoin is now considered as a long-term reserve asset, not only by private investors and institutions, but also by certain central banks,” said Gracie Lin, director bitcoin crosses $ 120,000 mark, general of the Crypto-Monnaies OKX Stock Exchange.
“We also see an increasing participation of investors based in Asia, in particular family offices and wealth managers. These are strong signs of the role of bitcoin in the global financial system. structural change in the way it is perceived, which suggests that it is not simply a new rally due to the” hype “, she added.
The actions in the sector are indicated up in trade in New York: Coinbase takes 1.7%, Strategy climbs 3.3%and the cryptocurrency minor Mara Holdings advances by 4.6%.
(Rae weekend report; French version Diana Mandia; edited by Augustin Turpin)
Bitcoin crosses $ 120,000 mark,
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