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Bitcoin and Ethereum rates are unrestrainedly adding 12%



On Thursday, January 14, sluggish dynamics remained on most of the financial markets. Brent crude oil continued to hold in a narrow range of $ 56-57 per barrel. Gold quotes remained practically unchanged to the opening price of the day and were held at $ 1,855 per troy ounce. Any strong directional moves on commodity markets should be expected only after the inauguration of Joe Biden, as markets await his action plan in the presidency. Major currencies rose slightly against the US dollar. The Russian ruble strengthened to 73.15 per US dollar and 88.97 per euro. Being below the level of 75 for the US dollar, the ruble is strengthening its long-term positions, and it is likely that in the first quarter of this year the Russian currency will be able to test the mark of 70 for USD and 85 for EUR. The excitement returned to the cryptocurrency platforms, Bitcoin and Ethereum added 12 %, reaching values ​​of $ 39,400 and $ 1,200, respectively. We adhere to a positive outlook for digital assets, however, we are waiting for the close of this week. If the bitcoin rate remains at current values ​​or higher, further growth to the level of $ 50,000 is likely, while the return of quotes to values ​​in the range of $ 30,000 – 35,000 will most likely indicate the desire of investors to wait for a better moment to enter the long ._____________ Alexander Yanyuk, Financial Expert.CEX.IO Broker

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