Bitcoin approaches its historical maximum, look at it in the news summary

  • “XRP at 2 dollars is like buying Bitcoin at $ 50,” according to analyst.

  • Hard blow to the Aragua train: millions in frozen cryptocurrencies.

This week stood out for the rise that Bitcoin (BTC) has experienced. The digital currency experiences an increase that makes analysts foresee that in the coming weeks a new historical maximum is marked. There are several factors that seem to be favoring this trend.

The vertiginous increase in monetary supply M2 is one of the factors that is playing in favor of the digital currency. The global money offer marked a new historical maximum in May, in the midst of an advance that has not stopped growing in the last year. With more money in motion the fears of inflation rise grow. Although this also rises the price of BTC.

All this happens while the expectations of the XRP ETF grow, and President Donald Trump reaffirms his commitment to the cryptocurrency ecosystem and ratifies his support for Bitcoin. As part of this, this week is expected important advances are made in regulatory matters.

At the regional level, the Chilean authorities gave a hard blow to the international criminal band known as the Aragua train, through an operation through which They seized cryptoactive and arrested several people. Meanwhile, in Spain, they dismantle a scam with cryptocurrencies and the BBVA launches new services with Bitcoin.

If you missed some of the most relevant news of the week, do not worry, we also collect them with our informative menu.

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