Bitcoin (BTC) is 105 thousand dollars after MOODY reduction; The Crypto ETF source sees 35 % of the upward trend

On Monday, cryptocurrencies regained a rock start of the trading session, which reflects a wider recovery in the origins of risk, as merchants were charged with reducing US government bonds.

Bitcoin

A strong recovery yet Slide To up to 102,000 dollars early in the American session, following the closure of its weekly record at 106,600 dollars overnight. The largest encrypted currency, according to the market ceiling, rose to $ 105,000 in in the afternoon trading, an increase of 0.4 % over 24 hours. The ether increased by 1.2 %, and recovering the level of $ 2,500.

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It outperformed most of the large followers of the unions, while the majority of the members of the wide Coindsk 20 index on the market are still in red despite the progress of their lowest daily levels. Solana decreased, Bolkadot breakdown 2 % -3 %.

The reversal extended to American stocks as well, with the erasing S&P 500 and NASDAQ in the morning decrease.

The early decline in encryption and shares came after Moody’s BRITY reduced the American credit rating from AAA. This step rocked bond markets, prompting cabinet revenues for 30 years over 5 % and observing 10 years for more than 4.5 %.

However, some analysts have reduced the long -term influence on asset prices.

“What does he do? [the downgrade] It means markets? Ramlalia, CEO of the wealth management company, Lumida Wilth, said in the short term, “said Ramah Al -Ahlyalia, CEO of Wealth Management Company, Lumida Wilth, in the short term.

“Moody’s is the last of the three major classification agencies less than the debts of the United States. This was the opposite of a surprise – it was a long time,” said Cali Cox, chief strategy expert in the market in Ritolz, at a X. “That is why the stock investors do not seem to be interested in.”

Bitcoin targets 138 thousand dollars this year

While BTC hovers slightly lower than the record prices in January, Asset Digital Etf ETF 21 Shels is witnessing more upward trend for this year.

Matt Mina wrote in A Bitcoin is about to collapse. Monday report. He said that the current assembly of BTC is not moved by the retail obsession, but through the meeting of structural forces, including institutional flows, the historical supply crisis and improving the total conditions that indicate a more durable and mature path to its highest fresh levels.

Instant investment funds in the instant Bitcoin constantly absorbed more than BTC more than that daily, tightening the offer while major institutions, companies such as strategy and the new one -one one Capital accumulate and even states explore the creation of strategic reserves.

These factors combined can raise BTC to $ 138,500 this year, as she expected Mina, translated into approximately 35 % for the largest encryption.