Market Update: Uncertainty Remains Thick as Bears Claw Bitcoin Price Below $6K
Bitcoin’s price has been dragging downward and on March 29, BTC’s fiat value slipped beneath the $6K zone. Most of the top
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Uncertainty
Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty
The U.S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy.
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Blockchain.com’s New GBP Gateway Creates a Crypto-Hedge Against Brexit Uncertainty
Blockchain.com is adding a British pound (GBP) gateway to its cryptocurrency exchange, The PIT, as it prepares for Britain’s coming separation from the European Union, or Brexit.Announced Thursday in a press release, the addition will utilize Britain's Faster Payments Service (FPS) to let Blockchain.com’s U.K.-based users buy cryptocurrencies almost instantly.The
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Why Eurasian Debt, Economic Uncertainty Make a Bull Case for Bitcoin
Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial Times business columnist and associate editor Rana Foroohar published an opinion piece on Nov. 25, pointing to the renewed, half-justified “paranoia” of
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Uncertainty Looms as Bitcoin Records near Term Bullish Momentum to $7,400
Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the
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Uncertainty around Brexit Makes Bitcoin an Attractive Bet
Although the traditional stock market is doing pretty well, the rising uncertainty around Brexit and U.S.-China trade war has shifted investors’ focus towards Bitcoin. On Wednesday, November 20, Bloomberg’s Alastair Marsh interviewed top panelists from the crypto and blockchain space.The interview took place at the Future of Digital Assets briefing
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Bitcoin More Attractive During Times of Global Uncertainty
John Pfeffer, founder of Pfeffer Capital, together with Travis Kling, founder and CIO of Ikigai Asset Management and Charles McGarraugh, head of markets for Blockchain, discussed Bitcoin (BTC) in the context of Brexit, trade wars and geopolitical uncertainty.On Nov. 20, the panel of three sat down for an interview
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Bitcoin Holds Gains against Trade Deal Hopes, Brexit Uncertainty
Bitcoin was maintaining its weekend gains on Tuesday as investors assess positive outcomes from the ongoing US-China trade talks but remained uncertain over the Brexit deal.The benchmark cryptocurrency established a session high of $8,296.50, up 1.05 percent from the market open. The upside move was minor in the context of
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Bitcoin Eyes Gains as Pound Drops on Brexit Uncertainty
Bitcoin was inching higher on Monday in the UK markets as Pound gave up some part of its last week’s sharp gains.Bitcoin shows upside sentiment as the Pound drops to 1-month low | Image credits: TradingView.comThe cryptocurrency surged by 0.76 percent against the sterling as of 1005 UTC to trade
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Bitcoin Is Ideal Hedge Amidst Rising Global Uncertainty
Many claim that bitcoin is the "new gold." However, BTC is not correlated with any asset, including gold. Hence, it's a good hedge. | Source: ShutterstockThe U.S.-China trade war, the Hong Kong protests, and now the attack on Saudi Arabian oil producer Aramco – these events add more pressure
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