Ammon News - The Jordanian dinar is currently experiencing strong demand, driven by an increase in remittances from Jordanians working abroad, according to Alaa Deiranieh, Secretary of the Jordanian Exchange Association.

Deiranieh noted that remittances from expatriate workers have risen by approximately 4% during the current period, as reported by Al-Rai newspaper.

He also expected remittance inflows to increase further next month as expatriates return to Jordan for their summer holidays.

Meanwhile, the British pound posted notable gains during Friday's currency trading.

According to reports from British financial institutions, sterling rose 0.35% against the U.S. dollar to $1.34705 and gained 0.14% against the euro to reach €1.15751.

Bitcoin fell below the $60,000 mark on Friday for the first time since October 2024, pressured by weakening demand for cryptocurrencies and declining investor risk appetite.

The digital currency dropped about 6% to $59,770.90 before recovering some of its losses.

Compared with its record high reached last autumn, Bitcoin's value has now fallen by half.

The election of Donald Trump, a strong supporter of cryptocurrencies, to a second term in the White House in November 2024 sparked enthusiasm across the sector, helping drive Bitcoin close to $110,000.

According to Emma Pernaud, a consultant at Euroagency, the latest decline is linked to several factors, including a surprise sell-off by a major company.

Investor confidence was shaken after Strategy, one of the largest corporate holders of Bitcoin, disclosed that it had sold 32 bitcoins from its reserves, marking its first such sale in years.