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Bitcoin Makes ATH Towards Euro Due To Change In Greenback Power, Particulars Inside
Este artículo también está disponible en español. Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against…
Bitcoin Halving Will Make it Less Inflationary and Much More Prized Possession
The countdown has been ticking for some time now and it is currently 471 days until the Bitcoin block reward halves. This milestone in the evolution of the world’s most popular digital currency will also make it far less inflationary than most of the current central bank’s targets. Bitcoin Block Reward and Inflation to Fall…
SEE: Bitcoin Versus DXY And The Hazardous TD9 Setup|Daily TA August 30, 2022
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the Bitcoin price monthly chart and the DXY Dollar Currency Index ahead of the monthly close. Take a look at the video below. VIDEO: Bitcoin Price Analysis (BTCUSD): August 30, 2022 We are coming down to the wire here in the month…
XAG/USD Holds Robust Above $80 Regardless of Minor Pullback
The recent fluctuations have not shaken silver prices, and XAG/USD remains above $83. By March 13, 2026, the price was at $83.36, representing a slight drop of 0.58% in the last day. Although the pullback has received a few notices, the general market sentiment towards silver has been favorable, supported by a good performance last…
United States Treasury Problems Stimulus Debit Cards Since They Stopped Working to Introduce a Cryptocurrency
Ahead of the approved and now distributed stimulus package that provided individual US taxpayers with up to $1,200 in relief, the proposal included the introduction of a cryptocurrency like the digital version of the dollar. However, if failed to gain traction and was pulled.Because the US Treasury failed to launch a cryptocurrency to distribute stimulus…
Novogratz: America Will Be Left Without Shift to Crypto
It is clear to see that momentum in the crypto industry is all coming from China at the moment. While the US is still fumbling with regulatory uncertainty, the red dragon is forging ahead with its own crypto and blockchain plans for a digital future. Get Into Crypto or Lose Out The US is in…
FED Rate Of Interest Cut is Rocket Fuel For Bitcoin
The ebb and flow of crypto markets continues into the weekend as another day of gains follows one of losses. Bitcoin crept back over five figures but dumped again an hour or so ago. Industry observers and analysts are of mixed opinion as to its next major move as a FED interest rate cut looms.…
Will Bitcoin Drop To $20,000? EURUSD Correlation Signifies It Would possibly
In recent discussions surrounding Bitcoin (BTC) and its potential future price trajectory, crypto-enthusiasts and analysts alike are finding new correlations to dissect. Most notably, a correlation with the EURUSD pair (the euro against the US dollar) has come into the spotlight due to a Twitter thread by esteemed analyst Josh Olszewicz. Olszewicz begins by setting…
United States Dollar Could See Bearish Turnaround: Is A Bitcoin Numeration Coming?
The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it…
Bitcoin, Metals, And Equities “Will Fly” If Dollar Downtend Deepens
The dollar’s impact on markets in 2020 cannot be overstated. Its weakness and decline in the face of the pandemic and a dwindling US economy, has allowed assets like Bitcoin, precious metals, and equities to surge. However, the DXY Dollar Currency Index just closed a monthly candle below an over decade-long trend line dating back…