Bojioute is nearly 95 thousand dollars, with the expectations of US interest reductions

It has begun with the formation and the most encrypted currency market and market this year with a volatile launch, which was influenced by reducing expectations to lower interest rates by the Federal Reserve. The digital asset briefly dropped below 90 thousand dollars on Monday, representing a drop of about 5% compared to the price at the beginning of the year, before recovering at its general level in January. Smaller cryptocurrencies, such as Ethereum, have also been suffering from losses since the beginning of the month. Expectations to form and reduce interest are studying investors the possibility of postponing federal interest rates for a long time due to the elasticity of the US economy, the risks of definitions that can increase inflationary pressure, and immigration policy for president -election Donald Trump, who will be inaugurated next week. As a result; Treasury effects have increased, which led to the calm of some enthusiasm for the encrypted currencies, which were set on fire by Trump’s promises to set the United States a global capital of digital assets, by establishing support laws and ending the campaign of current US President Joe Biden. Traders also get rid of shares amid the expansion of the heavy sale wave of treasury bonds in the global markets. For example, the S & B500 wiped out many of its profits after Trump’s victory in the election that took place on the fifth of November. Additional pressure on encrypted currencies, said Richard Galvin, co -founder of the DACM hedge fund, “High mortgage returns and dollar strength have added substantial pressure to dangerous assets. The price of training was Tuesday, London, about $ 94800 at 06:00, after reaching its highest level at 108316 dollars last month. The progress of the cryptocurrency has delayed since the day of the US presidential election. However, many people in the cryptocurrency community are still optimistic about a sustainable boom during the Trump. The company “Microstrate Inc”, which is interested in collecting “takben”, has announced the weekly purchases of the encrypted asset, which is the tenth consecutive, to raise its belongings from it to about $ 41 billion. According to technical analyst Katy Stockon of “Fairlead Strategic LLC”, the greatest digital origin is in a “correctional stage”. Stockon indicated that the trends of the graph indicate the possibility of testing the “Landline” support line at $ 8,7500. Over the past four days, investors have withdrawn the net amounts of $ 1.6 billion in funds distributed on the US Stock Exchange, according to the data collected by “Bloomberg”.