Crypto Coins Info

Bitcoin rises to $21,000 amid macroeconomic factors


On the night of January 14, the first cryptocurrency showed an increase in growth - the growth rate exceeded $21,000, and the market capitalization exceeded $1 trillion.

Macro analysts believe that the growth of the cryptocurrency market is associated with economic factors. It grew not only in the digital assets market, but also in the markets of most countries of the world. This shows interest in risky assets, including cryptocurrencies.

One of the possible sources of growth for observable and other cryptocurrencies was the publication of the US consumer price index (CPI). It shows that inflation in the developed world continues to linger. Usually slow supply to the influx of funds in stocks and cryptocurrencies.

Interestingly, although macroeconomic factors are talking about the use of cryptocurrencies, the situation in the industry is rather grim - the US Securities and Exchange Commission (SEC) is blaming allegations of pending trading in securities of major cryptocurrency exchange Gemini and credit service Genesis. However, growth is expected to continue. Over the past 24 hours, the cryptocurrency rate has grown by 11%, and over the week, growth has grown by 23.5%.

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