Bitcoin remained stable in the range just below the понеділок 100,000 mark on Monday, while XRP rose sharply amid speculation about a possible closure of the SEC's court case against Ripple.
Writes UNN with reference to Investing.
Over the past two weeks, the largest cryptocurrency has fallen to the діапазону 90,000–1 100,000 range after a series of record highs. Bitcoin is currently trading at 9 96,513.2, up 0.2%. Although the price remains close to the peak level of 9 99,000, optimism about the prospects for bitcoin has slightly decreased due to expectations of new signals from the United States.
The latest Bitcoin rally was driven by optimism around the presidency of Donald Trump, who promised to make the United States the cryptocurrency capital of the world. His administration can promote friendly regulation, particularly through candidates with cryptocurrency views on key positions. The idea of creating a strategic reserve of bitcoins is also being discussed.
Meanwhile, XRP rose 33% to досяг 2.46, and ranked third by market capitalization (. 140.13 billion). This increase is due to expectations that a change in SEC leadership will lead to the closure of the lawsuit against Ripple. The new head of the SEC, presumably Paul Atkins, is expected to take a more loyal stance on digital assets.The cryptocurrency market experienced mixed dynamics.
Ether fell 0.5% to 3 3,667.0, Solana and Cardano lost 3-5%, while Polygon rose 4.3%.
Dogecoin, among meme tokens, added 2%. Expectations of clearer political signals, as well as Trump's threats of tariffs on BRICS countries, have affected traders ' risk sentiment.
recall
Last week, bitcoin fell 1.6% to 9 93,131.5 due to profit-taking after the recent rally.