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Bitcoin rises to 92 thousand dollars, and the XRP prices are kept as a top of the White House encryption on the horizon



Bitcoin rose above 92,000 dollars in the Asian morning hours on Thursday, when the specializations jumped up to 5 %, as traders awaited the first encryption summit in the White House scheduled for Mar.7 to obtain signals on the future location.

BTC rose to 92,700 dollars before seeing profits a decrease to 90,800 dollars in European morning hours. Dogecoin (Doge) increased by up to 10 % to achieve gains between majors, with Cardano Ada, Solana’s Sol and ETHER (ETH) 6 %. BNB of XRP and BNB series showed silent gains with a jump of 2.5 %, which increases 3.5 % in CoINDESK 20 (CD20).

On Thursday’s price in BoY Bulls after the encryption markets were rotated this week, President Donald Trump revealed plans for a strategic reserve of symbols, including XRP, ADA and ETH, on Sunday, sending the market to 12 % higher.

However, the euphoria was filmed as the merchants waited for concrete plans and a new round of the American tariffs went, as wider markets fell on Tuesday. There was a fixed rise in the encryption markets, in line with Coindsk analysisObservers also expect clear plans to appear at the Saturday summit.

“Investors look at it as an asymmetric event with high shares,” Singapore -based QCP Capital said in a broadcast on Wednesday, referring to the summit. “Will it serve as an unexpected catalyst that sends prices to a rise, or will it reveal the fragility of the encryption and lead to a deeper sale?”

“The lens. The bond differences expand for companies, where high -yielding differences are now sitting at 290 basis points over the treasury bonds, while the spread of the high -yielding category against 200 basis points. Although this does not indicate panic, it is a trend worth closely monitoring.”

Alex Kobsikvich, a FXPro Market analyst, noted that the Bitcoin share of the encryption market exceeds 60 %, which is typical in fear periods, while ETHER share decreased to its lowest level in five years by 9 %-a worrying sign for Altcoin investors where any flows in BTC are associated.

“Bitcoin continues to flirt with MA 200 days, on Tuesday afternoon after touching this level less than $ 83,000. Coinskvic told Coindsk in an email:” Market dynamics reflects on Wednesday morning attempts to form a bottom. “

He added: “Returning to the region is above 50 days at a value of $ 97,000 is a sign of upward success.”




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