As the election of Donald Trump in the United States, the value of the flagship cryptocurrency has increased by 30%, never exceeding $100,000.
Much desired by investors, the symbolic threshold of 100,000 dollars is struggling to be exceeded by bitcoin, which this Saturday is close to 97,000 dollars. Below $55,000 last August, the value of the queen of cryptocurrencies has skyrocketed since November 5, the day of Donald Trump’s election in the United States. The market jumped amid optimism driven by a regulatory change in favor of cryptocurrencies, repeated by the new US president during his campaign.
But after gaining more than 30% since the election,bitcoin has yet to reach $100,000. Last Friday it reached $99,500, its all-time high, thanks to greater liquidity in the market. Earlier in the week, its value was falling with capital outflows recorded on Monday for the first time in five days, losing more than $438 million, according to Bitcoin Sport, a gauge of demand for the cryptocurrency.
From “whales” to individuals
“Bitcoin tends to be more volatile during bull markets than during bear markets. It is therefore not at all unusual that,as it progresses,it also suffers important declines.”analyzes omid Malekan, professor at Columbia Business School, Fortune. If it still is “very possible” that bitcoin reaches 100,000 dollars by the end of the year for the expert, this threshold constitutes a “psychological barrier” for investors. “It’s a phenomenon [courant sur] markets in general: round numbers have, for obvious reasons, a lot of psychological importance, and this is why analysts consider them as a possible barrier, or resistance, towards the upward path”complete Omid Malekan.
Added to this is a change in the type of investors, with the passage of the most critically important, nicknamed “the whales”in the direction “retail participants”according to blockchain specialist Anndy Lian of CoinTelegraph : “This coudl be a positive sign for the market as price movements could be more stable. Retail investors tend to behave differently from whales, which can cause significant price swings with their larger trades.” It remains to be seen whether Donald Trump’s new statements could shake up the cryptocurrency market later this year.
How does misinformation impact voter behavior and the overall democratic process?
It seems that the article you’ve referenced is incomplete or missing key details. Though, I can definitely help you create an engaging interview script based on common themes in articles related to elections, trends in politics, or societal impacts of electoral processes.
Let’s create a hypothetical scenario where the interview is focused on the implications of recent electoral outcomes on global democracy, featuring an expert in political science.
TIME.NEWS INTERVIEW
Editor (Sam): Welcome to Time.news! Today, we have the privilege of speaking with Dr. Elena Cortez, a renowned political scientist and expert in electoral trends and democratic systems. Dr. cortez, thank you for joining us.
Dr. Cortez: Thank you for having me, Sam. Its a pleasure to be here.
Sam: Let’s dive right in. The recent elections around the world have sparked much debate about the state of democracy. what observations have you made regarding the electoral outcomes this year?
Dr. Cortez: well, Sam, we’ve seen a mix of outcomes that reflect both a growing disillusionment with conventional political parties and an increase in populist movements. In some regions, people are yearning for change, so they’re willing to support candidates who promise radical shifts, even if it means veering away from established democratic norms.
Sam: that’s quite insightful. Can you elaborate on the implications of such shifts?
Dr. Cortez: Certainly. When populist candidates garner significant support, it can lead to a polarization of the political landscape. This can undermine consensus-building and create a fragmented society.Furthermore, it often prompts concerns about the erosion of democratic institutions, as these leaders may attempt to consolidate power and weaken checks and balances.
Sam: One of the key themes we’ve noticed in the media is the role of misinformation in elections. How significant do you think this issue is in the current context?
Dr. Cortez: Misinformation is a serious challenge. It has the potential to distort public perception,sway voter opinion,and ultimately affect election outcomes. We’ve seen how social media platforms can amplify misleading narratives. The battle against misinformation needs to be a priority for not just governments but also civil society and educational institutions.
Sam: Speaking of education, what role does civic education play in strengthening democratic values?
Dr. Cortez: Civic education is fundamental.When citizens are informed about their rights and responsibilities, they are better equipped to engage in the democratic process.Educated voters are less susceptible to manipulation and more likely to participate actively in civic life. This can help counteract the divisive effects we’re currently witnessing.
Sam: As we look forward, what trends do you foresee shaping the future of democracy in the coming years?
Dr.Cortez: I think we’ll see a continued struggle between democratic values and authoritarian tendencies in many places. However, there is also a strong undercurrent of activism among younger generations who are passionate about issues like climate change, social justice, and equality.their engagement could foster a revival of democratic principles if harnessed effectively.
Sam: That optimism is refreshing! Before we wrap up, Dr. Cortez, any final thoughts for our readers about how they can contribute to the health of democracy in their communities?
Dr. Cortez: Absolutely! I encourage everyone to stay informed,engage in discussions,and participate in local governance. Voting is just one piece of the puzzle; advocacy, volunteering, and supporting organizations that promote democratic values are equally significant. collective action can drive meaningful change.
Sam: Thank you, Dr.Cortez, for sharing your insights with us today.Your expertise sheds light on the critical issues facing democracies worldwide.
Dr. cortez: Thank you, Sam. It’s been a pleasure discussing these vital topics.
Sam: And thank you to our readers for joining us. Stay curious, stay engaged, and until next time, keep the conversation going!
This interview is a fictional portrayal based on common themes in discussions surrounding elections and democracy. If you have specific points or details from the article you’d like to incorporate, feel free to share, and I would be happy to adjust the content!