Bitcoin (BTC) and cryptocurrencies walk to close week up to 7%; See what moved with prices

Bitcoin (BTC) and cryptocurrencies walk to close week up to 7%; See what moved with prices

Bitcoin (BTC) rises. (ChatgPT Image)

THE Bitcoin (BTC) is negotiated at $ 109,000, in a slight day down to the global market of cryptocurrency. International liquidity is reduced due to the July 4 holiday on Friday United States.

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The lowest activity makes room for a profit movement in the cryptocurrency sector, explaining the daily devaluation.

In the widest scenarioThe Asian bags ended the day without a definite direction. The European market operates in the negative, while Wall Street remains closed due to the holiday. Despite today’s low, the week is expected to end up positive for the global cryptocurrency market, with accumulated gains of up to 7% in the last seven days.

The absence of relevant economic indicators on the day places the political scenario highlighting investors. The president Donald Trump It should sanction today its “great and beautiful bill” of budget law, approved yesterday by the House of Representatives.

See the performance of the ten largest cryptocurrencies in the world today:

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# Name Price VAR 24h % VAR 7D % Var Ytd %
1 Bitcoin (BTC) US $ 108,878.15 -0.18% 1.75% 16.58%
2 Ethereum (eth) US $ 2,552.51 -0.81% 4.35% -23.38%
3 TETHER (USDT) US $ 1.00 -0.02% 0.00% 0.23%
4 XRP (XRP) US $ 2.24 -2.20% 7.07% 7.72%
5 BNB (BNB) US $ 660.02 -0.23% 2.21% -5.85%
6 Solana (Sol) US $ 150.59 -1.87% 5.90% -20.42%
7 USDC (USDC) $ 0.9999 0.00% 0.00% 0.00%
8 Tron (TRX) $ 0.2862 0.90% 5.21% 12.60%
9 Dogecoin (doge) US $ 0.1671 -3.30% 4.15% -47.05%
10 Cardano (ADA) US $ 0.5826 -3.16% 5.27% -30.95%

Source: Coin Market Cap.

Bitcoin (BTC) and the week’s agenda

Trump’s proposal provides for permanent tax cuts, changes in the health system, and the end of clean energy incentives.

Although the government claims that the measure will reduce losses by over $ 2 trillion, there is the potential to raise the deficit by $ 3.3 trillion in the next decade.

It is important to note that US national debt already has about $ 36 trillion.

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For next week, investors expect to expect statements by members of the Federal Reserve, who will address the future of US interest rates.

Source: Moneytimes

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