Bitcoin
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Trading on the US stock market last Thursday ended with the strengthening of the Nasdaq and S&P 500 indices. The situation in the US technology sector is improving, but so far at a slow pace.
Most investors prefer to bet on waiting until December 14, when the Federal Reserve will announce its decision on the discount rate. If the regulator refuses to raise it, then analysts do not exclude a rebound in both stock indices and digital currencies.
The night before, bitcoin (BTC) rose above $17,000. On Friday, December 9, the BTC rate strengthened to $17,210. The capitalization of the leading digital currency at the time of publication of this review came close to $331 billion.
Altcoins are also gaining in value thanks to the positivity supported by Asian traders. Ether (ETH) rose to $1280, the second largest digital currency could break above $1300 in the coming hours.
XRP, Dogecoin (DOGE) and Cardano (ADA) jumped about 1.5% to $0.39, $0.981 and $0.314, respectively. Market capitalization increased to $858.386 billion.
According to the WhaleMap team, Bitcoin has a real chance of breaking through to $19,000 by the end of December. The coin should hold at $17,000 and transform this mark into a support zone.
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