Bitcoin
It continued its gentle increase on Wednesday while Fannie Mae and Freddie Mac – playing an important role in the release of mortgages to those with -owned by US – was ordered by William Pulte, Director of the Federal Housing Finance Agency (Fhfa)to prepare to accept cryptocurrencies as part of applicants’ possessions.
Back to the top of $ 107,000, the leading cryptocurrency rose to 2.2% in the last 24 hours, and CoinDesk’s growth 20 0.5% progress. Bitcoin Cash
is a well -known outperformer, which rises by 7.4%.
Besides, BTC’s dominance continues to climb, now with nearly 66% of the total crypto market value today parked on the orange coin, from 39% in November 2023.
Moving now may be partly due to FHFA director William Pulte Sharing on social media that lenders are about to take advantage of their crypto holders for loan purposes.
“This is important in two levels,” CEO Matt Cole said Na -Post In X. “(This) makes it easier for Bitcoin holders to buy a house without selling their Bitcoin. (And) the US government is taking Bitcoin’s risk to its own book as the US government explicitly guarantees Fannie/Freddie’s mortgage loans.”
Trump’s ceasefire secured between Israel and Iran can also push the price of Bitcoin higher, despite the asset’s reputation as a potentially safe investment in the shelter. “Gold wants the war, as Bitcoin prefers peace,” said Charlie Morris, founder of the Financial Services Firm Bytetree. “The gold peeked ahead of the hate in the Middle East, while Bitcoin sank. When it seemed likely that military actions were enclosed, Bitcoin rallied, and gold collapsed.”
Meanwhile, crypto stocks (CLSK)up to 6.7%, while fellow Miner Coreweave (Corz)The same amount slipped. There was also a circle (CRCL). At the current $ 198.62, the stock is still more than six folds from the IPO price of $ 31.
