#USChinaTensions #Breaking_News | Change in Market Trends for Bitcoin and Ethereum
Over the past week, the cryptocurrency market has experienced severe fluctuations!
Bitcoin stabilized around $85,000 (fluctuating between $83,000 and $86,000), while MicroStrategy drew attention back to Bitcoin by purchasing 3,459 Bitcoins worth $285 million.
On the other hand, Semler Scientific has also decided to buy $500 million worth of Bitcoin!
Ethereum dropped by 3% to over $1,600, and analysts are hopeful for its rebound.
XRP remained stable at $2.08, but fresh requests for an ETF have increased attention towards it.
Meanwhile, a U.S. official mentioned the possibility of imposing a 245% tariff on China; and rumors have circulated about China selling 15,000 Bitcoins!
Analysts: The impact of global events on the cryptocurrency market is serious; investors are cautious!
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