The Bitcoin remains above the US $ 118,000 despite a slight setback, while Ethereum adjusts after a strong weekly rise. The profits coexists with political and monetary signals that support the institutional interest in cryptoactive, in a context of expectation for the fees policy of the Fed and greater regulatory support in the US.
He cryptocurrency market operates this Tuesday with generalized correctionsafter one Week marked by sustained increases and renewed institutional interest. He Bitcoin (BTC) yields around a 0.2%according to Binance, but manages to support over US $118,000while Ethereum (eth) cut 4.41%having accumulated a 20% rise In the last 7 daysand remains close to the U $ S3.600.
For their part, the rest of the Altcoins operate with casualties of up to 7%headed by Hyperliquid, Hedera (-6.2%) and Stellar (-5.9%), among others.
Expected adjustment after a strong bullish streak
Market analysts minimize the current setback. “It is a technical pause after intense and continuous increases. The background trend does not change,” they say from different analysis houses.
In fact, Bitcoin’s listed funds (ETF) They closed their first session with net outings After twelve consecutive entries, while ETF of Ethereum They chained their Twelfth day with positive flowsreflecting the Institutional interest For this kind of assets, especially before the current regulatory and monetary context.
Political and monetary signals that support optimism
The interest of great political and financial actors also points to enthusiasm. On Monday, Trump Mediathe social media company of former president Donald Trump, announced an investment of US $ 2,000 million in Bitcoinreaffirming their support strategy to digital assets. The announcement reactivated the hypothesis that A procriptic administration It could prolong the upward cycle beyond historical patterns.
In parallel, the US Chamber of Representatives advances with legislation favorable to the ecosystem, including the Genius law on ‘stablcoins’while the statements of the JPMorgan Chase CEO, Jamie DimonThey mark another symbolic turn. The Executive, who in 2017 described Bitcoin as “fraud”, now admits that defends the right of investors to operate with cryptocurrencies. The bank is evaluating launch loans supported by BTC and Ethaccording to Financial Times.
What is expected of the Fed?
Another factor that supports enthusiasm is the possible Federal Reserve Posture Change (FED). The inflation in the US showed a deceleration greater than expected, which suggests that the rate cuts cycle could begin between September and December. Goldman Sachs anticipates three 25 -point cutsprovided that prices do not accelerate again.
A more lax monetary policy usually favor risk assets, including cryptocurrencies, which have historically risen in monetary expansion cycles.
Source: Ambito
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