Cryptocurrency
Bitcoin catches $ 106,000 after losses
After the election of Donald Trump, the Bitcoin was massive. Now the US President’s trade policy is again causing uncertainty.
The Bitcoin stabilized on Friday after the latest losses. The course of the oldest and best -known cryptocurrency was around $ 106,000 on Friday morning and thus roughly at the level from the previous evening. During the week, the Bitcoin of almost $ 111,000 had continuously fallen to the start.
Course-moving factors included the customs policy of US President Donald Trump and the many different signals to the markets. After a delay for the announced tariffs on EU goods at the beginning of this week caused a boost, during the week there were again doubts about a trade war, which was favorable for the markets.
All in all, the Bitcoin continues to benefit from Trump’s election. This is considered a sponsor of cryptocurrencies and also does business with them. Among other things, the Trump media company TMTG appears as a Bitcoin buyer.
Since the election of Trump as the new US President in early November, the course has attracted less than $ 70,000 to the top value of $ 112,000 last week. The rashes, as is often the case with cryptocurrencies, were sometimes massive.
Bitcoin is currently on a market capitalization of around $ 2.1 trillion. It dominates the cryptocurrencies market, which has a total of more than $ 3.3 trillion.
dpa
Source: Stern
