The "Bitcoin" Rise march stops with the approaching end of the year

The “Bitcoin” Height March, which began Donald Trump’s victory in the US presidential election, stopped in early November as the year approached its end. The largest encrypted currency ranged from being traded in Singapore at $ 93678 on Monday, or about $ 15,000 less than the highest record level in mid -December. The smaller currencies such as “Ethar” and “Doug Quinn” prefer over the masses of M., to gain an attraction that has raised their prices. Trump’s preference for friendly currencies, and his support for the idea of ​​the national reserve with ‘Bitcoin’, has increased the value of these assets. However, the reduced expectations for lowering interest rates by the Federal Reserve led to the calm of speculation madness. More clarity is likely to appear on the coding of the coding sector after Trump came to power on January 20. Republicans’ position with President Joe Biden, who took strict measures against the sector, which is infected with many scandals. The Peppperstone group, Chris Weston, said the movements came after the election, and that it was partly due to the flow of the boxes circulating on the stock exchange, which invests in the encrypted currency. Meanwhile, ‘Microstestry’, a software manufacturing business that has become an accumulation of a purchase wave over the past few weeks. Traders are waiting to see if the company – which has a value of more than $ 40 billion to cryptocurrencies – will continue to advertise the “Bitcoin” purchases on Monday. The original cryptocurrency increased by about 120% this year, bypassing traditional investments such as global stocks and gold. Its value also doubled in 2023, high after a strong decline in its value.