Equity Markets Turmoil Could Push Bitcoin Below $10K, Say Analysts
Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar. Source
Read MoreBitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar. Source
Read More[sociallocker id="55298"] Using cryptocurrencies as a preferred method to “hedge” against real-world risks seems to be a valid play. Data, collated from various bitcoin exchanges, is now pointing towards a huge surge of users, even as retail activity on traditional markets continues to decline. COVID Pushes Bitcoin Adoption As per publicly available
Read More[sociallocker id="55298"] For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest rates in
Read More[sociallocker id="55298"] Both bitcoin and oil were relatively calm Monday, but that when it comes to volatility over the past couple of months, it’s crude, the backbone of global industrialization, that’s seeing wilder swings as of late. Bitcoin (BTC) was changing hands around $9,575 as of 20:00 UTC (4 p.m. EDT),
Read MoreOn March 11 at 4:56 p.m. UTC, Tedros Adhanom Ghebreyesus, the director of the World Health Organization, stated that COVID-19 can be characterized as a pandemic. Industry experts consider the global uncertainty around this respiratory disease — from travel bans imposed by governments across the globe to the continuing
Read MoreBakkt’s bitcoin core (BTC) futures product saw another all-time high as the spot market price of BTC plummeted under $7,000 on Friday
Read More