Bitcoin
continued its sweet increase Wednesday as Fannie Mae and Freddie Mac – who play a central role in the publication of mortgages to American owners – were ordered by William Pulte, director of the Federal Housing Finance Agency (FHFA)To prepare to accept cryptocurrencies as part of the candidates’ assets.
Back above $ 107,000, the upper cryptocurrency increased by 2.2% in the last 24 hours and emerged the increase of 0.5% of the Coindesk 20. Bitcoin cash
was a notable outperformer, up 7.4%.
At the same time, the domination of the BTC continues to increase, now with almost 66% of the total value of the cryptocurrency now stationed in the Orange room, against 39% in November 2023.
Today’s move can be partly due to the director of FHFA, William Pulte, sharing on social networks that borrowers would soon be able to take advantage of their assets in crypto for loan.
“This is important at two levels,” said the CEO of Strive Matt Cole on X. “[It] Makes much easier for Bitcoin holders to buy a house without selling their bitcoin. [And] The US government is taking the risk of bitcoin on its own book because the US government implicitly guarantees Mortgages Fannie / Freddie. “”
The ceasefire provided by Trump between Israel and Iran can also increase the price of Bitcoin, despite the reputation of the asset as a potential investment of shelters. “Gold loves war, while Bitcoin prefers peace,” said Charlie Morris, founder of the BYTREE financial services company. “Gold culminated before hostilities in the Middle East, while Bitcoin has flowed. Once it seemed likely that military actions were contained, bitcoin has rallied and gold is withdrawn.”
Crypto stocks, on the other hand, remained relatively moderate, with the notable exceptions of Bitcoin Miner Cleanspark (CLSK)up 6.7%, while his other Coreweave minor (Corz)slipped the same amount. There was also a circle (CRCL)This has decreased by 11% today and is now down approximately 33% since he culminated on Monday just less than $ 300 per share. At the current $ 198.62, the action is still up more than six compared to its $ 31 IPO.
