Düsseldorf The excitement on the financial market is currently great. Stock prices have recently risen significantly, while bond yields and the dollar have fallen. The triggers are easing interest rate concerns. The crypto market also benefits from this.
Bitcoin, the oldest and most important digital currency, has meanwhile regained the psychologically important $20,000 mark. On Wednesday evening, the course data from the analysis house Coinmarketcap is once more slightly below this mark, but over a seven-day period it is up by around six percent. The crypto market as a whole rose by around four percent in the same period.
“The hopes for a year-end rally have now been brought back to life. Recapturing the $20,000 mark once more might also attract more bargain hunters,” commented crypto analyst Timo Emden on the development.
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