He cryptocurrency market Opera upwards this Friday, with Bitcoin (BTC) and Ethereum (ETH) uploading to US $ 116,273 yu $ S3.842.84respectively. It is a generalized trend in the sector, which rises 2.8% in the global total.
Disaggregated for each asset, the largest increases are observed in Ethwhich rises 7.3% in daily operations; Dogecoinit stands with 7.1%; Solariumwith 4.9%; XRP4.2%; Bitcoin2.1% and BNBwith 1.9%.
Why do cryptocurrencies upload?
Similar to what is observed in the stock market, The rise in cryptocurrencies was related to the confirmation of a meeting between the president of the United States, Donald Trumpand his Russian couple, Vladimir Putin, next week.
The novelty relieves diplomatic tensions that had originated days ago, when Trump ordered the deployment of nuclear submarines after a crossing with the current vice president of the Russian Security Council, Dmitri Medvedev.
For that reason, The hopes of a high fire between Russia and Ukraine were renewedwhich awakens the appetite for the risk among investors, who become more optimistic to an eventual improvement of the international context.
That is added to the growing expectations that the United States Federal Reserve (Fed) cuts the rate at its next meeting dated September, with more than 91% of the market leaning for that option.
Source: Ambito
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