El bitcoin sube un 12% en dos días y supera los 72.000 dólares

Bitcoin prices surged by 12% over two days, surpassing $72,000, as short sellers liquidated their positions and the U.S. Treasury launched a bond buying program. Cryptocurrencies experienced a second wave of strong gains, with Ethereum rising 21.5% and reaching $2,300 in the same period. Other digital currencies also gained, with XRP and Dogecoin up by 8%, Cardano up 6.5%, and Solana up 4%.

Cryptocurrency traders are now watching to see if Bitcoin can push past the $75,000 mark, believed to be the median acquisition cost for the largest Bitcoin holder, Strategy. The market witnessed a significant gain following the U.S. Treasury's announcement of doubling its bond purchases amid rising debt levels. Additionally, Donald Trump did not rule out the possibility of the federal government accumulating Bitcoin reserves, which has alleviated pressure on the dollar.

The President's residence expressed support for a stalled bill aimed at establishing a clearer regulatory framework for cryptocurrencies. Analyst Javier Molina from eToro explained that part of the rise can be attributed to a mechanical explanation. The market had been loaded with short positions, and the break triggered a liquidation of short positions, meaning some of the purchases were not new demand but sellers being forced to repurchase.

The crucial point is no longer how much Bitcoin and Ethereum have risen, but whether they can maintain the gains once the forced buying ceases.