Concerns about the independence of the United States Federal Reserve continue to make a dent among crypto investors.
Cryptocurrencies They operate up to Wednesday’s rise on Wednesday, although far from the levels they showed on the closure of last week. He Bitcoin (BTC) rises 1.8% and quotes above US $ 111,239.
The main cryptocurrency reached a historical record on August 13 (U $ S123,566), although since then He began to give in. Meanwhile, Ethereum advances 4% and touches the US $ 4,600. Meanwhile, at the weekly level an 8.8% gain is exhibited according to Binance
The rest of the Altcoins also shows an upward trend. The increase in Solariumwhich rises 9.1%, to US $204,59.
The confrontation between Trump and the Fed cools to the market
The dismissal of the Governor of the Federal Reserve (FED) Lisa Cook by Donald Trump renewed the concerns about the independence of the Fed, which reduced interest in risky investments among the market actors.
“Bitcoin remained in negative terrain, but Sample stabilization signals after three consecutive falls of falls“said Frank Walbaum, Naga Market Analyst. The Bitcoin “remains stable” After falls that “occur in the middle of a renewed wave of leverage in the market,” said Samer Hasen, a senior market analyst at XS.com.
And he deepened: “The strong rebound on Friday after Jerome Powell’s statements seemed to incite buyers to increase their positions again. However, their inability to maintain control quickly deepened losses and losses and triggered a new reaction in the settlement chain“
Source: Ambito
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