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«Most cryptocurrencies will die,» says Cathie Wood.
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China sells its bitcoin through exchanges of Hong Kong.
The conversations between China and the United States in London in order to reach an agreement that would lower the tension caused by the tariff war held the Bitcoin community in suspense.
In this context, the price remained stable, and then dangerously approach the last historical maximum achieved recently after exceeding the USD 110,000.
The new inflation data in the United States and even the rumors of a possible output of Jerome Powel from the presidency of the Federal Reserve (FED) generated positive expectations in the market. And although the price fell this Thursday, June 12 after the escalation of the conflict in the Middle East, Bitcoin’s resilience keeps digital currency afloat.
Regarding regulation, there are advances that point to a speed reinforces your promises to favor the ecosystem of Bitcoin. All this while the institutional fever continues and the capital tickets to the ETFs of Bitcoin and Ether (ETH) increases.
At the regional level, there are advances in the adoption of USDT in Bolivia and Guatemala legislators Progress in Bitcoin regulationin a dialogue with the Central Bank of the country to discuss a new bill.
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