BTCUSD
🟨 The addition of the weakening dollar image to the positive risk appetite in the new week led to an increase in crypto currencies.
🟡 After the liberal candidate Javier Milei won the elections in Argentina, who supported Bitcoin and promised to use it as a payment tool in the country, the purchasing potential in Bitcoin increased. Thus, it is seen that the closings above this level remain slightly weak in the cryptocurrency, which continued its rise to the level of 37,580.
🟡 On the other hand, the expectation that the US Securities and Exchange Commission (SEC) will approve Bitcoin's exchange traded fund (ETF) application accelerated the purchases on Bitcoin prices, while the selling pressure in the cryptocurrency intensified after the FOMC minutes announced yesterday.
