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#BitcoinForever rose in the session this Friday, the 13th, remaining above US$$ 101 thousand, after a week marked by volatility due to the absence of relevant catalysts to define a firmer direction.
Around 5 pm (Brasília time), bitcoin rose 1.72%, to US$$ 101,501.67.00, while ethereum was up 1.02%, to US$$ 3,921.00, at the same time, according to Binance.
For Fábio Plein, regional director for the Americas at Coinbase (NASDAQ:COIN), the cryptocurrency market should remain constructive in the first quarter of 2025. "The recent positive flows of bitcoin and ethereum ETFs, in addition to the good price performance of bitcoin and the expectation of another interest rate cut at the next Fed meeting are some of the factors that make us remain constructive regarding the market for 1Q25," he assessed.
In addition, Plein highlighted that more countries are moving towards obtaining greater regulatory clarity for the sector, such as Brazil, where Congress proposed the establishment of a strategic bitcoin reserve, and China, where economic stimulus measures are being discussed and studies are underway on the potential of the crypto market.
Amid the evolution of the alternative financial sector, Exodus Movement, a self-custodial cryptocurrency software platform, announced today that its common shares have been approved for listing on the American stock exchange NYSE. The company's shares will begin trading on the NYSE American under its current symbol, "EXOD," on December 18. The common shares will continue to trade on the over-the-counter market through December 17.