$BTC O bitcoin (BTC) returned to the level of US$ 106 thousand this Friday (20). The asset rose about 1.3% in the last 24 hours and maintains an appreciation of 13.6% for the year. Other cryptocurrencies are also trading slightly higher, riding on BTC's coattails.
Among the main crypto assets, Solana (SOL) is the highlight of the day, rising 1.8% to US$ 147. Ethereum (ETH) rises 1.4% and XRP (XRP) has an increase of 1.2%.
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According to the Coindesk portal, cryptocurrencies are reacting to the movements of the United States regarding the conflict in the Middle East. The latest statements from President Donald Trump and White House spokespersons ruled out an immediate entry of the country into the war.
The decision on a potential direct attack on Iran is not expected this month, reducing the risks of greater impact on the markets. However, analysts highlight that the scenario is likely to continue to pressure assets over the coming days.
Glassnode, a blockchain analysis company, stated that the reduction in daily transactions may reflect a more mature market, dominated by institutions making large and infrequent transactions.
On the other hand, a report from CryptoQuant warns that bitcoin could fall to US$ 92 thousand or less if demand does not recover. ETF flows have dropped 60% since April, and whale purchases have halved.