Good afternoon, brothers
, BTC hits the 100,000 mark again,
The copycat has not followed yet, and the market is short of funds.
Let's look forward to the big market, does BTC have support,
Can it break through the previous high?
Yesterday, the Russian Finance Minister said that Russia is using Bitcoin for international trade,
This is the result of legislative changes that allow such use in response to Western sanctions.
He believes that cryptocurrencies have unique advantages in mitigating risks associated with sanctions, inflation, and currency fluctuations.
This year, Russia allowed the use of cryptocurrencies in foreign trade,
and took measures to legalize the mining of cryptocurrencies.
The recent strong rise in BTC may be related to the fact that Russia and Iran, countries sanctioned by the United States, secretly bought BTC.
It is unknown whether the Chinese government is secretly buying it.
But Russia is now a real hammer.
As Trump's inauguration date approaches,
some US states have begun to test the waters in advance:
Trying to include BTC in the strategic reserve of state finances.
In the past few days when BTC fell,
On December 17, Ohio proposed a bill to
establish a strategic Bitcoin reserve in the state.
Texas proposed a bill in December to establish a Bitcoin reserve. In November, Pennsylvania proposed to use 10% of the state general fund to purchase nearly $1 billion worth of Bitcoin. By 2025, it is estimated that at least one US state will establish a strategic Bitcoin reserve. Cities outside the United States, such as Vancouver, may also establish Bitcoin reserves. These are all factors that drive BTC up. BTC is strong, and copycats benefit from it. Therefore, there is still room for fun in the currency circle.
, BTC hits the 100,000 mark again,
The copycat has not followed yet, and the market is short of funds.
Let's look forward to the big market, does BTC have support,
Can it break through the previous high?
Yesterday, the Russian Finance Minister said that Russia is using Bitcoin for international trade,
This is the result of legislative changes that allow such use in response to Western sanctions.
He believes that cryptocurrencies have unique advantages in mitigating risks associated with sanctions, inflation, and currency fluctuations.
This year, Russia allowed the use of cryptocurrencies in foreign trade,
and took measures to legalize the mining of cryptocurrencies.
The recent strong rise in BTC may be related to the fact that Russia and Iran, countries sanctioned by the United States, secretly bought BTC.
It is unknown whether the Chinese government is secretly buying it.
But Russia is now a real hammer.
As Trump's inauguration date approaches,
some US states have begun to test the waters in advance:
Trying to include BTC in the strategic reserve of state finances.
In the past few days when BTC fell,
On December 17, Ohio proposed a bill to
establish a strategic Bitcoin reserve in the state.
Texas proposed a bill in December to establish a Bitcoin reserve. In November, Pennsylvania proposed to use 10% of the state general fund to purchase nearly $1 billion worth of Bitcoin. By 2025, it is estimated that at least one US state will establish a strategic Bitcoin reserve. Cities outside the United States, such as Vancouver, may also establish Bitcoin reserves. These are all factors that drive BTC up. BTC is strong, and copycats benefit from it. Therefore, there is still room for fun in the currency circle.