Cryptocurrency markets to have new year optimism
New year optimism continues in the cryptocurrency market.
Despite moving in a very narrow band, the leading cryptocurrency Bitcoin tested the $16,900 level in the morning. It is currently priced in the $16,850 region. In Ethereum, too, the daily rise exceeded 3% and reached as high as $1250. Before the FED minutes to be published tonight, the markets are watching with buyers. Yesterday, US stock markets dropped 0.7%, led by the technology-heavy Nasdaq stock market.
Cryptocurrency markets to have new year optimism
It was pleasing and hopeful that the cryptocurrency market was not affected by the Wall Street indices and made its way towards $17,000. SBF, the former CEO of the exchange, which caused the bankruptcy of the FTX exchange in November, had a hearing yesterday, and he denied all the accusations thrown at him. The court has set the next hearing for October 2023. On the other hand, yesterday, bank regulators in the USA issued a joint statement against the risks posed by crypto assets for banks. The statement asked banks to be careful about cryptocurrencies. The messages that will appear in the minutes of the FED, which will be announced tonight at 22:00 Turkey time, may cause volatility in the market. At the moment, there is no negative outlook in the short term.
