He cryptocurrency market Go up this Monday, June 16, with Ripple As the protagonist, winning 7% in the last 24 hours. BitcoinFor its part, scale 2.1% to the U $ s107,896while Ethereum advances 3.5% and exceeds the level of US $ 2,600 that drilled last week and is located US $ 2,640, According to Binance.
Among the Altcoins the increases that escort Ripple are Cardano (+3.6%), Sui (+3.5%), Solarium (+3.4%) and Tron (+23%).
Like world markets, crypto lost great value on Friday when the conflict was deepened in the Middle East, since investors turned to more conservative assets.
Strategy and Metaplanet, Two of the most prominent Bitcoin Treasury Companies bought a combined total 11,212 BTC In the last 24 hours, Taking advantage of the momentary fall in the price of cryptocurrencyafter the conflict unleashed in the Middle East.
Both sharing markets and cryptocurrencies collapsed last Friday as a result, creating an opportunity for signatures such as Strategy and Metaplenet to enter and acquire bitcoin at discounted prices.
Strategy disbursed more than one billion dollars and acquired $ 10,100 while Metaplenet bought 1,112 BTC for approximately $ 117.2 million. Strategy now has a total of 592,100 Bitcoin and Metaplanet reached its 10,000 BTC target by 2025 before expected.
Metaplenet He previously announced a “21 million plan” where he planned to acquire 21,000 BTC by 2026. The company increased the bet and announced a new road map The cryptocurrency jumped over $ 107,000 with the news, recovering completely after falling to $ 103,000 last week when the conflict between Israel and Iran began.
Conflict in the Middle East
On Monday, Iranian missiles reached the Israeli city of Tel Aviv and the port of Haifa, destroying homes and fueling the concern of world leaders who meet this week in G7 for the possibility that the battle between the two old enemies leads to a broader regional conflict.
An exchange of attacks between Israel and Iran on Sunday resulted in civil victims and both armies urged civilians from the opposite side to take precautions against new attacks.
At the international level, the Geopolitical and commercial volatility affects the appetite for risk assets. While the Agreement between the United States and China It was initially received with optimism, its limited scope generates skepticism. The pact focuses on the export of rare earths, but Maintains intact key tariffs: a 55% about Chinese products and a 10% on US exports.
“The good police strategy-bad policy between Trump and the secretary of the Treasury, Scott Besent, generates a tense negotiation climate,” he said Matt BritzmanHargreaves Lansdown analyst. “Several countries prepare for sanctions if they do not cooperate with the US, which does not favor markets.”
In addition, differences persist in the commercial front with the European Unionalthough from the American treasure they left open the possibility of extending the term of negotiations beyond July 9.
Source: Ambito
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