Forex. Cryptocurrency Forecast for today
Bitcoin continued to rise in price. Now digital gold is consolidating near the level of 55400 dollars. Trading is influenced by pressure on the US and European stock markets. At the same time, the first digital currency is oversold within the weekly perspective, so it is logical to expect a reversal at the end of this week.
The capitalization of the cryptocurrency market by the end of Wednesday amounted to 2.55 trillion US dollars against 2.59 on Tuesday.
From the news, we highlight the following: the financial regulator of South Korea announced the possibility of taxation on transactions with non-interchangeable tokens (NFT). At the same time, in early November, the agency argued that NFTs do not fall under the definition of virtual assets and should not be taxed.
The head of the US Senate Banking Committee, Sherrod Brown, called on the heads of Circle, Coinbase, Centre, Gemini, TrustToken and Binance.We have until December 3 to disclose data on the stablecoin-related business. According to media reports, US banking regulators have identified a number of areas related to the regulation of digital assets that require additional clarification. The result should be the definition of the areas of responsibility of each regulator and the establishment of a mechanism for cooperation.