Bitcoin - Review from 18.11.2024

Financial and commodity markets analytics


In the USA, Wyoming Senator Cynthia Lummis calls on the Department of Treasury to convert part of its gold reserves into bitcoin to create a strategic reserve of cryptocurrency. This initiative has been raised not for the first time.

Bitcoin Quotes and Market Dynamics

Amid the ongoing integration of digital assets into the traditional finance sector, Bitcoin quotes remain near their historical high. Nevertheless, the growth dynamics have significantly slowed down and there is a possibility of correction. However, it's worth keeping in mind that the Bitcoin price remains at maximum levels even during the strengthening of the US dollar. Thus, if conditions on the market lead to a decrease in the US currency, Bitcoin may resume its growth.