Over the past seven days, the rate of each of the 100 largest cryptocurrencies has shown an increase. Bitcoin ($BTC ) and Ethereum ($ETH ) rose by 25% and 30% above the $78K and $2.4K marks, respectively; during this period, some major altcoins increased in the range of up to 65%.
The rise of virtually every coin was, in one way or another, accompanied by a news backdrop, but it followed the overall upward trend in the crypto market that began on August 17. And the main surge started on the day when US President Donald Trump met with representatives of regulatory bodies and heads of major crypto companies. On August 17, the US Treasury announced an increase in the volume of government bond buybacks due to the rise in yields on 30-year securities to the highest level since 2007.$BNB #Write2Earn #crypto
The rise of virtually every coin was, in one way or another, accompanied by a news backdrop, but it followed the overall upward trend in the crypto market that began on August 17. And the main surge started on the day when US President Donald Trump met with representatives of regulatory bodies and heads of major crypto companies. On August 17, the US Treasury announced an increase in the volume of government bond buybacks due to the rise in yields on 30-year securities to the highest level since 2007.$BNB #Write2Earn #crypto