Thanks to the growth of BTC, the shares of cryptocurrency mining companies also rose. Thus, Marathon Digital (MARA) has added 12% in value, Riot Platforms (RIOT) and Hut 8 Mining (HUT) have risen in price by 13% and 10%, respectively. Following the miners, it was possible to observe an increase in the value of the shares of the cryptocurrency exchange Coinbase (COIN) by 5.5%, as well as the holder of 140 thousand BTC coins of MicroStrategy (MSTR) by 6%.
Over the past 10 days, the price of BTC has moved slightly up and down in the range of $ 28 thousand, but after the final completion of the March concerns related to banks, investors and traders have become more optimistic about the monetary policy of the US central bank and the value of Bitcoin has exceeded the threshold of $ 30 thousand.
Recall that the US consumer price index for March will be published this week. This economic indicator is important before the meeting of the US Federal Reserve System in early May.
Financial market experts predict that after the meeting, the Fed may announce the termination of the annual series of interest rate hikes.