Bitcoin (BTC) touches US$ 108,000 with market optimism, but cryptocurrencies are limited by tension in the Middle East
Bitcoin (BTC) reached as high as US$ 108,000 while it was early morning in Brazil. However, in the early hours of Wednesday (21), the advance cooled down and the largest cryptocurrency in the world is traded around US$ 106,000.
URGENT: Bitcoin (BTC) record: the largest cryptocurrency in the world renews historical highs above US$ 109,000 🚨🚨🚨🚨🚨
With this, the global cryptocurrency sector operates on the rise. In the traditional market, Asian stock exchanges closed without a single signal, while the European market and Wall Street futures operate in decline.
This appreciation of cryptocurrencies occurs due to the appetite for alternative assets amid the turmoil in the trade war between the United States and China.
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Despite Bitcoin's sensitivity to the macroeconomic scenario, there is a view that the cryptocurrency represents an escape from the traditional financial system — a movement known as decoupling, potentially affected by trade tariffs.
Before continuing, see the performance of the ten largest cryptocurrencies in the world today:
#NamePrice24h Variation %7d Variation %YTD Variation %1Bitcoin (BTC)US$ 106,485.231.29%2.34%14.01%2Ethereum (ETH)US$ 2,529.110.96%-3.58%-24.08%3Tether (USDT)US$ 1,000.00%0.04%0.23%4XRP (XRP)US$ 2,340.27%-10.01%12.89%5BNB (BNB)US$ 653.681.70%-0.55%-6.75%6Solana (SOL)US$ 168.931.66%-6.66%-10.73%7USDC (USDC)US$ 0,99980.00%0.00%-0.01%8Dogecoin (DOGE)US$ 0,22572.51%-4.88%-28.47%9Cardano (ADA)US$ 0,75313.54%-8.31%-10.74%10TRON (TRX)US$ 0,2706-1.01%-1.58%6.46%
