Forex. Cryptocurrency Forecast for today
In the future, the resistance level is 66900 dollars.
The capitalization of the cryptocurrency market by the end of Friday amounted to 2.78 trillion US dollars against 2.72 Thursday. A positive news background contributes to an increase in long positions for digital gold.
While the market is assessing the tightening of the monetary policy of central banks, the US House of Representatives voted to adopt an infrastructure plan worth $1.2 trillion without amendments in favor of representatives of the crypto industry. The crypto community criticized the document for an expanded definition of a broker, covering participants in the crypto industry. It obliges miners, node operators, wallet developers, liquidity providers in DeFi protocols and other non-custodial players to report to the tax service on user transactions. Thus, the principles of a decentralized system of interaction will be violated.
In addition, the US Treasury has released a report on the risks associated with stablecoins. The agency saw the stable coins as a threat to investors and the integrity of the market and requested strict legislative restrictions.