Bitcoin falls above 2% In its daily operation, the product of the movements of the great portfolios, given the increase in caution by the meeting of the United States Federal Reserve (FED). In parallel, next week the government of Donald Trump will publish a report on the monetary policy linked to cryptocurrencies.
The most important cryptocurrency on the market is sold to US $ 116,129after a period of consolidation in which it reached historical maximums above the US $ 123,000 Last week, product of the expectation for the approval of a package of laws in favor of cryptocurrencies in the US Congress. This way, Bitcoin drops 2.6% in the last week.
The expectation next week
Meanwhile, Crypto investors expect the next Fed monetary policy meeting on July 30. While I know Wait for the North American Central Bank to maintain current ratesmarket operators will focus their attention on the statements of officials to evaluate the future perspectives of monetary policy.
Meanwhile, the Cryptocurrency Advisor of the White House, Bo Hines, announced this week that the president’s digital asset work group He finished his 180 -day report on monetary policy of cryptocurrency, which will also be published on July 30.
Ordered by a Trump decree in January, The report will detail, among other things, the amount of Bitcoin seized in the hands of the US government and how it could be managed. In addition, it is widely expected that The working group proposes a comprehensive regulatory framework.
Ethereum takes off from the casualty
While, Other cryptocurrencies remain moderate on Friday. The Altcoins fell on Thursday, but stabilized this Friday, such as XRP, which falls 1.1% daily and 10.5% weekly; while Solana falls 2.4% in the daily operationerasing the weekly week, which is just 0.8%.
The exception is Ethereum. The second most important currency in the market rises 1.9% this Friday and 2.5% in recent days, quoting U $ 3,705.76.
In this context, Eric Trump, son of the president of the United States, He expressed his support for Ethereum on the social media platform Xresponding to a publication that suggested that cryptocurrency should quote above U $ S8,000.
Source: Ambito
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