"Bitcoin" rises for the first time in five days with the recovery of the appetite for risk
The price of “bitcoin” rose for the first time in five days, with the recovery of appetite for the most dangerous assets, after the Federal Reserve kept interest rates unchanged. The largest encrypted currency in terms of market value rose to 4.5%on Wednesday to reach $ 104783. This height is near the cryptocurrency from the highest level ever on the day of the inauguration of Trump, as it is still far from only 4 thousand dollars. The prices of encrypted currencies have fallen in recent days, after the Chinese artificial intelligence business “Deepseek” has caused significant fluctuations in the markets. The “Bitcoin” currency has recently been more parallel to the stock markets. “Instead of direct response to the Federal Reserve statement today, we look at this step as more related to the recovery of irrational sales earlier this week, and the Federal Reserve is placed behind us,” said Stefan Olit, CEO of Frnt Financial Inc., also read: Trump’s victory has set the enthusiasm. Reduce interest rates and add that the central bank will not move interest rates to see more in inflation, after a series of price discounts last year. Coinshares, “Coinshares”, said that “Bitcoin” has become increasingly sensitive to interest rates, and strict statements are expected to affect some extent not to chase prices, negatively on the price of coded currencies.