The cryptocurrency market has experienced significant movements in the last 24 hours, with Bitcoin (BTC) surpassing $85,000 for the first time since the implementation of certain tariffs on March 4. This rise is attributed to the recent decision by the Federal Reserve to keep interest rates unchanged, which has boosted positive sentiment among investors. Additionally, other cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP have recorded notable increases, with XRP standing out with a gain of 7%.
In the institutional realm, BBVA has announced that it will offer its retail clients in Spain the ability to buy and sell cryptocurrencies such as Bitcoin and Ether through its mobile app. This service, which is already operational in Switzerland and Turkey, will be gradually implemented in Spain, positioning BBVA as the first Spanish bank to provide this type of service to retail clients.
On another note, the crypto community is attentive to an upcoming announcement from former U.S. President Donald Trump related to cryptocurrency policies. This announcement has generated expectations in the market, provoking increases in the prices of Bitcoin and Ethereum, and a rise in trading volumes on platforms like Binance and Coinbase.
Regionally, a recent report highlights that Galicia surpasses the national average in cryptocurrency investment, with an average annual expenditure exceeding 3,500 euros, compared to the national average of 3,100 euros. This growth is attributed to greater financial education and the digitization of the economy.
Finally, the market shows renewed optimism, backed by institutional decisions and political announcements that could influence the adoption and regulation of cryptocurrencies in the near future.