As a result of the announcement by the United States Department of the Treasury to expand the buy-back of long-term national debt, the encryption market was significantly stronger on Thursday. Bitcoin, ETA and XRP recorded double-digit increases, while the US stock fell in the same vein and market performance was divided.
Encrypted assets group up
Bitcoin went up 10.3%, reporting $72,090. It's 17.8%, reporting $2,291. XRP up 20.4 per cent, reporting $1.25.
Total market value increased $29.1 billion
Reports indicate that the global market value of encrypted currencies rose by 13 per cent that day, by $29.1 billion. The re-entry of funds into risk assets became a direct driver of the increase.
The information on the return of national debt leads to a risk bias.
The United States Department of the Treasury announced that it would double the scale of its long-term national debt buy-back, with news of a once-down rate of return, followed by a partial recovery. Owing to low yields, the market ' s interest in the configuration of encrypted assets is warming simultaneously.