The talks between China and the United States held in London aimed at reaching an agreement that would ease the tension caused by the trade war kept the Bitcoin community on edge.

In this context, the price remained stable, only to then dangerously approach the last historical maximum reached recently after exceeding USD 110,000.

The new inflation data in the United States and even rumors of a possible exit of Jerome Powell from the presidency of the Federal Reserve (FED) generated positive expectations in the market. And although the quotation fell this Thursday, June 12, after the escalation of the conflict in the Middle East, the resilience of bitcoin keeps the digital currency afloat.

In terms of regulation, there are advances pointing to a prompt approval of the stablecoin law in the United States and Trump reinforces his promises to favor the bitcoin ecosystem. All this while institutional fever continues and capital inflows into bitcoin and ether (ETH) ETFs increase.

Regionally, there are advances in the adoption of USDT in Bolivia and Guatemalan legislators are making progress in bitcoin regulation, engaging in dialogue with the country’s Central Bank to discuss a new bill.

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