As the end of 2023 approaches, the expectations of investors in the crypto sector grow, who hope that, as in previous years, what they have called the Christmas rally or Santa Claus rally of Bitcoin will occur.

The phrase refers to an increase in the value of shares on the stock exchanges that occurs just before the end of the year and that has spread to the cryptocurrency sector, generating considerable profits for those who move in this scenario.

According to reports from this sector, this Christmas rally in relation to Bitcoin did not occur in 2021 and 2022, unlike the rallies achieved in 2013 and 2017.

The hope is that at the end of this year, an upward trend will be achieved in the value of the main cryptocurrency on the market.

The idea is that Bitcoin will experience “exceptional performance during the December holiday season, although this is not a constant trend. However, this hypothesis is gaining followers on social networks and discussion forums.”

The high expectations for this year are based on “the increase of more than 10 % in the last month and 128 % in the last year.”

M.Pino

Source: cripto247

(Reference image source: Traxer, Unsplash)

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La entrada Investors await Bitcoin’s Christmas rally apareció primero en Bitfinance.

With the end of the so-called gasoline discount at the end of August, fuel prices in Germany were again the most expensive among its neighboring countries in the European Union, the Federal Statistical Office (Destatis) reported today.

According to the statistical authority, until September 5, average daily prices of 2.07 euros ($2.09) per liter of Super E5 and 2.16 euros per liter of diesel were registered in Germany.

While in Denmark (2.04 euros) and the Netherlands (2.01 euros) super gasoline is as expensive as in Germany, Poland offers the lowest prices, with 1.38 euros for a liter of Super and 1 .61 euros for diesel.

Germany reduced taxes on gasoline and diesel between June and August to alleviate the cost of inflation, which generated a drop in fuel prices. The price of a liter of Super was reduced by 35.16 cents and that of diesel by 16.71 cents.

However, the extent to which the tax relief was actually passed on to end customers is still under discussion. From September 1st, normal tax rates were applied again and Germany is once again one of the most expensive countries in the European Union (EU).

According to Destatis, in general, fuel prices remain higher than before the war in Ukraine began. The experts detail that on February 21, 2022, for example, a liter of E5 cost 1.80 euros and that of diesel 1.66 euros. The price increase is especially pronounced in the case of diesel. Meanwhile, in the month of March the most expensive fuel was paid.

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Source: dpa

La entrada Germany has the most expensive fuel among its European neighbors apareció primero en Bitfinance.