"Bitcoin" -Momentum takes off with the approaching end of a record year

This has withdrawn with a training with the approach of a record year. The cryptocurrency was traded in Asia early Tuesday with about $ 94,500, or about $ 14,000 less than the historic highlight reached on December 17. The cryptocurrency fell 50 days to its moving average, which some consider to be a cause of reservation. The test of this moving average, which converts a lot of monitor “into a neutral position” in light of the “monotheism” of the currency, asks that the price stop the strong direction up or down, according to technical analyst Katie Stockon of the Fairlead strategically LLC in a note. The decline in “training” reflects the expectations of delaying interest rates by the Federal Reserve in 2025, an expectation that reduced the enthusiasm of the speculators raised by the invitation of President -Electoral Donald Trump to alleviate encrypted currency regulations in the United States. The Republican President also supported the idea of ​​creating a national stock of bitcoin. In the latest developments in the United States, Senator -selected Senator Bernie Moreno, considered supporters of encrypted currencies, was selected to join the Senate’s banking committee. The encrypted asset industry expects a mutation based on the density of supporters of encrypted currencies in the upcoming Trump administration. Meanwhile, Microstrate Inc has announced that it has bought $ 561m in “Bitcoin” at an average price near the highest record reached last week. It was the seventh consecutive time that the software company, which became a stimulating business for “Bitcoin”, made such purchases. Trump’s transformations, Trump, earlier questioned the encrypted origin, but turned to support after the sector spent a lot of promoting its interests during the US election campaigns. The price of a training has risen about 40% since Trump’s victory in the election on November 5, and has taken the opposite measures to manage Joe Biden, which has tightened the censorship of encrypted currencies. The investment funds that invest directly in Bitcoin have attracted more than $ 12 billion to net flow since Trump became the elected president. However, the frequency of flow has recently delayed, with the largest daily exit from a group of 12 boxes on December 19. The largest encrypted currency has seen 125% so far this year, which is better than the returns of traditional investments such as global stocks and gold. A broader indication of the cryptocurrency market, which includes small currencies such as “Ethereum” and the favorite “Doug Quinn”, has doubled.