After months of waiting, finally reached new records, reaching around $ 111,900.
He first reached a summit of $ 109,874 at the end of the afternoon, then fell to $ 106,200 an hour later, before climbing again to reach the new peak today.
Many analysts believe that this sudden increase is due to increasing concerns concerning debt and public debt. Last Friday, Moody lowered the American credit rating, which sparked a wave of doubt on the market.
With President Donald Trump who puts pressure on major expenses and tax reductions, there is little hope that the situation will soon improve.
This uncertainty appears in the increase in American interest rates and a dollar drop index – a rare combination that points out the drop in confidence in the American economy.
So Bitcoin increases not because investors feel full of hope, but because current instability makes it more like an asset in Haven. More and more companies now treat Bitcoin as a long -term value store and added it to their balance sheets.
4 cryptocurrency stocks to monitor
However, it is unlikely that the cautious tone of the larger scholarship prevents several actions linked to the crypto from reacting positively to the new Bitcoin record during Thursday’s session.
Strategy (Nasdaq 🙂 (ex-microstrategy), Coinbase (Nasdaq :), Riot Platforms (Nasdaq :), and Digital Marathon (Nasdaq 🙂 All have displayed gains in negotiation after working hours on Wednesday and will have the trouble to be watched on Thursday.
That said, these actions are not necessarily the best choices in the technological sector at the moment. In fact, we have gathered them in an InvestingPro surveillance list, which currently shows a mixed perspective.
Indeed, depending on the fair InvestingPro value – which combines several well -known financial models – most of these actions seem overvalued, with the exception of riot platforms.
For example, Coinbase is currently overvalued by almost 25% depending on its estimate of fair value.
Meanwhile, digital marathon, riot platforms and microstrategy all have lower health scores than average.
On the brighter side, the price objectives of analysts suggest a strong increase in increase for anti-moving platforms (+ 69.7%) and microstrategy …
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