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Miroslav Trinko Geek, specialty programmer, but journalist by profession. Rider, tennis player and fan of Formula-1. I write about technologies, smartphones and electric vehicles.
Experts explain this by several factors. According to Coinshares cryptoinvest companies, James Butterfill, the current growth is due to positive dynamics in the market, growing optimism in regulating cryptocurrency in the US and stable demand from institutional investors. In addition, investors can consider bitcoin as an alternative to traditional assets against the background of economic uncertainty.
One of these macroeconomic factors has been a recent decline in Moody’s Sovereign Credit Rating. This strengthened the bitcoin position as a protection against potential instability of the fiat currency.
Progressing in the regulatory sphere also plays in favor of cryptocurrency. The Genius Bill, aimed at regulating steiblcoins, has passed an important vote in the US Senate. At the same time, Donald Trump’s administration is actively promoting crypto -detachable policy, in particular with the participation of David Saks’ advisor and cryptocurrency.
The statement of JPMorgan Jamie Damon, who had been skeptical of bitcoin, was also an additional impetus, but now he said that the bank would allow clients to buy cryptocurrency. This step can be an important signal for the rest of the financial industry, which is still cautious of digital assets.
”, – WRITE: mezha.media
Miroslav Trinko Geek, specialty programmer, but journalist by profession. Rider, tennis player and fan of Formula-1. I write about technologies, smartphones and electric vehicles.
Experts explain this by several factors. According to Coinshares cryptoinvest companies, James Butterfill, the current growth is due to positive dynamics in the market, growing optimism in regulating cryptocurrency in the US and stable demand from institutional investors. In addition, investors can consider bitcoin as an alternative to traditional assets against the background of economic uncertainty.
One of these macroeconomic factors has been a recent decline in Moody’s Sovereign Credit Rating. This strengthened the bitcoin position as a protection against potential instability of the fiat currency.
Progressing in the regulatory sphere also plays in favor of cryptocurrency. The Genius Bill, aimed at regulating steiblcoins, has passed an important vote in the US Senate. At the same time, Donald Trump’s administration is actively promoting crypto -detachable policy, in particular with the participation of David Saks’ advisor and cryptocurrency.
The statement of JPMorgan Jamie Damon, who had been skeptical of bitcoin, was also an additional impetus, but now he said that the bank would allow clients to buy cryptocurrency. This step can be an important signal for the rest of the financial industry, which is still cautious of digital assets.