Bitcoin (BTC) exceeded the level of 27 thousand dollars again with an increase performance of nearly 3% in a short time.
Bitcoin experienced on the first day of the week 3%with an increase of 26,400 dollar from levels to $27,188 reached up. again after a period of 20 days 27 thousand dollar with Bitcoin exceeding in altcoins Similar increases were also observed.
Ethereum (ETH) While outperforming Bitcoin in this process $1,599 from levels to $1,648 reached. Major altcoins Ripple (XRP) And BNB (BNB) Increases of up to 3% were observed.
After this increase curiosity is the reason behind started to be made.
What is the reason for the rise?
of Bitcoin Wednesday at 21.00 CET It is thought that the US Federal Reserve (FED) interest rate decision to be announced has already been priced. FED interest rate decision about CME Group on the front It will remain constant 99% of the time, At 1%, an increase of 25 basis points future There is an expectation that
This is why the rise in Bitcoin and cryptocurrencies occurred and the FED’s interest rate 5.25 with 5.50 It is estimated that investors who are certain that it will remain constant between 2018 and 2016 made purchases.
According to CoinGecko data, at the time of writing Bitcoin, from $27,140 is being traded.