He Bitcoin (BTC) low this friday april 14 but remains above US$30,000. For his part, he ethereum marks a strong rise and exceeds US$2,000. Meanwhile, speculation grows that the Federal Reserve stop raising interest rates, a phenomenon that encourages venture placements.
Several major cryptos fall. Between them, Solarium which decreased 3.3% in the last 24 hours. The second cryptocurrency that lost the most price was Dogecoinwhich fell 3.1%.
Among those who score increases, stand out Cardano which increased 3.4%, up to US$0.42 and Lido Staked Ether which jumped 3.1%, to u$s2,053.10.
The inflation in the US it rose to 5.0% annual, below the expected 5.2% and 6.0% in February, which continues to confirm the slowdown in the rise in prices. In this way, the CPI touches minimums of almost 2 years and yields for the ninth consecutive month.
In that framework, the cryptocurrency The most famous in the world, BTC, stands at around US$30,250,000, with a weekly rise of 7.4%, and ethereum It exceeded $2,000, rising 3% in the last 24 hours and 9.9% weekly.
Bitcoin increased its market share and has experienced a sharp increase in its market dominance since the beginning of the year, while moving towards levels not seen since the beginning of 2021. “The loss of confidence in other cryptocurrencies, including stablecoins, and the difficulties of some crypto companies could continue to fuel a movement towards Bitcoin and away from assets that are considered potentially more risky,” he commented in Bolsamanía.
Ethereum was able to maintain a relatively stable share of the total cryptocurrency market capitalization over the past two years. and it might find support in the next software update.
“The change should offer a clearer vision to investors interested in the asset, since the coins stored in the Ethereum gambling system will be unlocked. At the same time, the update could open the door to a possible selling trend that could cause significant volatility.”emphasizes this expert.
“The rally is on and the momentum is here to stay as the price has penetrated the level of 30,000and the next big barrier is $50,000,” said Naeem Aslam, director of research at Zaye Capital Markets.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
