The cryptocurrency market maintained its upward trajectory and, in the last 24 hours, marked a 3.8% increase in its global capitalization, which translates into a valuation of US$1.67 billion.
Analysts explain that BTC movements respond to the brake on interest rate increases by the US Federal Reserve. Added to this is the growing speculation about the approval of an ETF of the pioneering cryptocurrency in the United States.
Bitcoin (BTC), which yesterday was trading above US$41,000, today touched US$44,000 after an increase in its price of 5.1% in the last 24 hours. Thus, the star cryptocurrency reached a new high for 2023.
BTC accumulated a rise of 14.8% in the last 7 days and investors expect this trend to continue at least until April 2024; when the next Bitcoin halving is scheduled.