It was a good weekend for crypto investors. Bitcoin (BTC) Has gained significantly in value and even reached the highest price in two weeks with around $ 86,000. Even if the course has fallen a little again, investors start the new week full of hope.
For everyone who has mantra (OM) in their portfolio, it is a raven -black day. The value of the cryptocurrency broke out by over $ 5 billion yesterday within a few hours-an incident that has offset the community.
BTC course increases thanks to Donald Trump
Bitcoin started the weekend with positive signs after the price rose from 79,000 to almost $ 84,000 on Friday. The upward trend continued on Saturday, and BTC reached $ 86,000-the highest course since April 2.
The course benefited from an unexpected U -turn of Donald Trump in the trade war. The US President announced that among other things, the chip industry, computer and smartphones would be excluded from the 145 % import duties on goods from China.
Yesterday, however, Trump explained that these products are still subject to the existing tariffs of 20 %. In addition, his government is still checking which customs tariffs would be appropriate in the future.
The Bitcoin course then fell to a low of $ 83,000. After a strong increase last night, however, we are now listing well over $ 84,000. For a short time, more than $ 85,000 per Bitcoin was paid.
If the price now stays above the $ 83,000-84,000 mark, the resistance could be tested again at around $ 88,000. At the beginning of the month, this was the zone on which the course was thrown back.
At the time of writing, the BTC course on the OKX crypto exchange is $ 84,479. Compared to 24 hours ago, BTC is 0.08 %.
ETH & SOL in the green area, drama around OM
Most old coins are slightly up or minus today. Ethereum (ETH) develops slightly better than Bitcoin with an increase of 0.87 % in the last 24 hours. Solana (SOL) rose by 2.19 %, and Tron (TRX) is at the top of the top 10. Ripple (XRP) and Cardano (ADA) with an increase of 3.37 %.
The collapse of Mantras OM ensures negative headlines on the cryptom market today. The course crashed by more than 90 % yesterday-from around $ 6.30 to less than $ 0.50. According to the project team, this is due to “ruthless liquidations”, but the community continues to wait for specific information on the drastic drop in prices.