Bitcoin increases at a record high at over $ 122,000 in front of “Crypto Week” in the USA
A notice: Possible currency fluctuations can affect the return.
A notice: Earlier value developments or simulations are not a reliable indicator of future performance.
Bitcoin increases at a record high at over $ 121,000 in front of “Crypto Week” in the USA
With over $ 122,000 one costs one Bitcoin -unit more than ever in history.
In the run -up to the upcoming “Crypto Week” in the United States, the last speculators obviously also get involved. The principle of hope dominates that in the coming days the regulatory framework for the industry and thus the foundation for a crypto -friendly Washington will be laid. Börsians are also likely to have an eye on the publication of the US inflation data that is expected for Tuesday.
Investors rely on loosening regulatory hurdles – trade dispute as an uncertainty factor
The prospect of further loosening of the regulatory thumb screws on the US ground should keep the risk appetite alive. The fact that the US representative house declares the week of July 14 to the “cryptocoche” despite the economic herd of fire, emphasizes the politically high priority of Bitcoin under the leadership of US President Donald Trump.
However, investors should keep in mind that the dismantling of regulatory hurdles also potential risks and side effects.
At the same time, the smoldering trade dispute could get euphoric investors on the wrong foot at any time. Donald Trump's announcement of tariffs on EU imports in the USA of 30 percent had slowed down the youngest Bitcoin rally over the weekend.
US inflation data on Tuesday in view-investors hope for interest rate cuts in the United States this year
In the further course of the week, it should also be particularly exciting with the publication of new US inflation data, which are expected for Tuesday afternoon (2:30 p.m.). The US producer prices on Wednesday (2:30 p.m.) could also send monetary policy impulses.
The prospect of falling capital market interest in the United States could tend to increase the attractiveness of risky and interest -free systems such as Bitcoin. The Fed-Gouverneur Mary Daly from the central bank offshoot from San Francisco said last week that the time in the USA for a interest in the interest is that the inflation and labor market data would continue to develop positively. The CME Group's “Fed Watch Tool” signals for the planned central bank meeting on July 30, however, only a probability of 6.7 percent that there is 25 basis points. In contrast, 93.3 percent of the likelihood for a break. For the appointment on September 17, however, the chance currently notes at 58.8 percent that the currency keeper turns to the interest screws in the amount of a quarter percent point.
