What will happen to the cryptocurrency market this weekend.

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On Friday night, the bitcoin rate again exceeded $ 60 thousand, after which it began to gradually decline. As of 17:40 Moscow time, the average market price of the coin is $ 59.1 thousand. Ethereum, on the contrary, went into the growth stage by the evening. The cryptocurrency has overcome the historical maximum above $ 2.08 thousand. The specialists explained to RBC-Crypto how the market might move on the weekend.

Cryptocurrencies continue to receive money from Americans who received them in a new aid package, said Janis Kivkulis, lead strategist at EXANTE. In addition, this week, US President Joe Biden announced a $ 2.3 trillion new infrastructure project that propelled the S & P500 to a new record of $ 4,000.

The analyst believes that there are none on the crypto market yet, and positive factors, such as the acceptance by an increasing number of large companies of the possibility of payments in cryptocurrency, are of a very solid nature.

"PayPal, Tesla, the intentions of Visa and Mastercard to introduce cryptocurrency payments into their services are all building blocks of a fairly solid foundation for growth," the specialist noted.

Regulation and Society adoption

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