Bitcoin drops to R $ 190,000, possession of Biden and confirmation of Yellen

Charlie Taylor

Check out this morning's top stories on politics, financial markets and cryptocurrencies in your daily digest.

Politics: Lira in attack and impeachment on the rise on Google

Lira removes PSL from Whale and forms largest block to run for mayor – Valor Econômico
Humiliated at Anvisa, Bolsonaro attacks Doria – O Estado de S. Paulo
Impeachment 1,400% – "Google searches on the impeachment of Jair Bolsonaro increased by 1,400% in the last week" – O Antagonista
Biden to sign 17 executive actions, orders to reverse Trump policies, restore Obama-era programs on day one – Fox News

Summary: BTC is below R $ 190 thousand this Wednesday morning, with altcoins plummeting.
A new report by CoinMetrics points to the chances of a rise in cryptocurrencies alternative to bitcoin, but highlighted the difficulty of institutional investors in investing in something other than ETH and BTC.
“Altcoin investment is largely considered a retail phenomenon. Similar to penny stocks, it is often driven by individual investors looking for bigger gains. ” said Coinmetrics.
In the traditional market, the statements by the new Treasury Secretary made clear the intentions to increase the indebtedness of the United States in the Biden era.
Altcoins and BTC performance
Delinquency rises again mainly among small companies with end of aid measures – According to economists, arrears are expected to grow this year without reinforcing the benefit in the economy and tax relief due to the pandemic – O Globo
Yellen opens a debate on giant spending by saying that 'the world has changed' – “In a very low interest environment as we are, what we are seeing is that, although the amount of debt in relation to the economy has gone up, the interest burden has not. " – Bloomberg
Stock futures rise ahead of big earnings day – Morgan Stanley and Procter & Gamble are among companies scheduled to report how they performed during the pandemic – WSJ
Index futures at 8:30 GMT
Ibovespa (Brazil) closing, -0.66% at 120.500 points Nasdaq (USA), + 0.78% Nikkei 225 (JAP), -0.51%Commodities, currencies and Bitcoin:
Gold, + 0.54% traded at $ 1,850.15 a Troy ounceBitcoin, -6.85% to R $ 189,139.15 in Brazil or US $ 34,5100.00Dollar – USD / BRL, traded at R $ 5.35

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