The course of bitcoin: the cryptocurrency will not stand against US politicians
Stock Markets Group – the exchange Rate of bitcoin ends the current week with a slight decrease in the background risk of the U.S. government to intervene in the functioning of cryptosphere.
So online chart bitcoin/dollar shows weakness of buyers after criticism of Libra and strong fall the day before on Thursday. At the time of writing, the most popular cryptocurrency offer 10 531 dollar, with a reduction of 1.76%, bitcoin exchange rate to ruble at the moment is 667 147 a token.
Meanwhile, among the experts there are new fears about the future of Bitcoin after the U.S. Secretary of the Treasury Steven Mnuchin said CNBC about the government’s plans to introduce “very, very strict rules regulating crypto”.
As it turned out, officials fear that the most popular cryptocurrency could facilitate the laundering of funds in a more global scale.
These statements to the crypto community has caused a new wave of sales on the market, causing the price of bitcoin dropped around 9300 dollars, but later the market has just over half an hour to recover the position, adding $ 1,000 to the cost of a digital asset.
Known captainvalor and lobbyist of the popular digital asset Thomas Lee, in his post on Twitter noted that concerns about the future of bitcoin is not accidental and is unlikely to add stability to the market while media attention focused on the political component of cryptosphere.
On the other hand, Fundstrat chief analyst notes that trump could just ban bitcoin as it has done with the Venezuelan Petro, however, this has not happened yet worried in the first place.
Too rapid a growth rate most popular cryptocurrencies in the last days and sudden collapse, attracted the attention of the U.S. President and chief financial officials, and this time, according to experts, the new records will not go past their attention.
Most popular top ten cryptocurrencies are trading mixed.
So the Bitcoin exchange rate Cash firmed just 0.1% and is around $ 325, the price of the Ripple decreases to 1.37% and reached the level of 0.329 dollars, the cost of Ethereum is reduced by 1.1 per cent and amounted to 226 dollars, and the Bitcoin exchange rate Gold fell by 3.32% and cryptomeria for one coin offer only 26.8 dollars.
Total market capitalization of bitcoin at the moment is 188 858 billion.
According to analysts of the Stock Markets Group in the coming days, a slight decrease in the price of bitcoin perhaps in preparation for a new wave of growth.
But it is to be noted that the political statements of world leaders can stop the positive momentum of BTC end of the summer.
Market analyst cryptocurrency
Stock Markets Group