Market Update

Bitcoin is trading about $ 84,000 while encryption shares slide

Bitcoin bounced. a little.

The leading currency was recently traded by about $ 84,000, as it rose to the highest prices of less than $ 77,000 seen late last week and which was in the pre -election levels, but it declined slightly from the levels that were recorded earlier today.

This recovery has become an encryption Trading Obenheimer analysts fell in a note published on Tuesday, with pressure on the appetite of the risks to investors Uncertainties related to trade This has led to facing enthusiasm over the prospects of the encryption industry after President Donald Trump’s re -election.

“It is unfortunate to see Trump’s tariff again Bear market Anxiety, stagnation of fear, retail circulation declining, “wrote. Silver lining, as they said, is that the resulting retreats in Bitcoin and stocks such as Coinbase Global (currencyIt was less severe than those seen during another big step less in 2022 – the year ended with Bitcoin with less than $ 20,000.

“It explains that this class of assets has matured and becomes more flexible,” according to Obenheimer’s analysts.

Several arrows associated with encryption were traded today. Crypto Excination Coinbase has recently decreased from 3 %. Mara Holdings (MaraBitcoin miners, itself was about 2 %. (Read Investopedia’s Live coverage Today’s markets here))

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