2023-9-8 18:06 |
BTC price centers on the 200-week exponential moving average, while analysts warn that Bitcoin and risk assets are in danger from a surging dollar.
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Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
2023-5-15 15:03 | |
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As Bitcoin’s value overtakes major currencies by 99.5%, is this the start of a new era where digital currencies challenge traditional financial systems? The global economy has faced severe challenges in recent years, including rampant inflation and slowing growth rates…
Bitcoin recently dropped from its March peak, influenced by a stronger U.S. dollar and geopolitical issues. What should we expect next? Bitcoin (BTC) has seen a sharp decline in its price, trading at around $63,000 levels as of Apr. 16.…
In a thought-provoking statement on X (formerly Twitter), Balaji Srinivasan, the former Chief Technology Officer (CTO) at Coinbase and a notable figure in the venture capital world through his tenure at Andreessen Horowitz, stirred the crypto community and beyond with a bold proclamation: “VOTE FOR BITCOIN.
Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.
Renowned Economist Peter Schiff has warned about an imminent fall in the US Dollar and the country’s economy. If his warning is anything to go by, then a case could be made for cryptocurrencies and Bitcoin in particular.
Bitcoin remains prone to volatility, while further downside offers the “path of least resistance” for BTC price next, analysis warns.
In a meticulous and comprehensive analysis shared on X, prominent analyst Will Clemente delved deeply into Bitcoin’s current stance against the prevailing macroeconomic landscape, connecting broad fiscal trends with the future trajectory of the digital asset.
