During the Ukraine war, the largest digital currency performs better than the stock market.
(Photo: Bloomberg)
Dusseldorf Bitcoin regained the $40,000 mark on Wednesday. According to data from the analysis company Coinmarketcap, the price of the oldest and most important cryptocurrency increased by more than eight percent – peaking at $42,250. The market cap of the entire crypto market increased by more than six percent to just under $1.9 trillion.
The trigger for the price jump is the enforcement regulation for cryptocurrencies that the US Treasury Department is planning. Contrary to fears within the industry, the US government is probably not planning a ban; instead, cyber currencies are to be integrated into the financial system.
This is according to a statement from the US Treasury Department dated March 9, which was published on the agency’s website. The message has since been removed from the site. Screenshots of it are currently circulating on the Internet, and it is also still available via the web archive.
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