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© Reuters. Bitcoin hovers around $ 43,000 after Wall Street crash
New York, Jan 6 (.) .- El, the most popular cryptocurrency, oscillated this Thursday at the level of 43,000 dollars after being dragged by Wall Street fears towards the tightening of the monetary policy of the Federal Reserve, although they influence other issues such as the riots of recent days in Kazakhstan.
Around 3:00 p.m. GMT, the bitcoin was at $ 42,951.50, almost 8% and $ 3,700 less than at the beginning of the session on Wednesday, in which the plans to withdraw stimulus from the US central bank provoked notable asset sales in the equity and public debt markets.
The main virtual currency, which in November reached a historical price of $ 69,000, had already been declining in recent days due to political instability in Kazakhstan, where internet cuts have affected its mining activity (a computer process that puts into circulation new cryptocurrencies).
Bitcoin has enjoyed from the beginning of the pandemic in 2020 until the end of 2021 a stellar trajectory, driven by the endorsement of companies such as Tesla (NASDAQ 🙂 or Square (NYSE :), prominent figures such as George Soros or Tim Cook, institutions financial institutions and small investors, although there is still suspicion among the authorities.
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