Looser Fed policy, global macro trends point to bullish outlook for Bitcoin — Analysts
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar’s performance and signs of easing monetary policy, according to ETC Group.
Bitcoin may be decoupling from concerns about a US recession and aligning more closely with the US dollar’s performance and signs of easing monetary policy, according to ETC Group.
Original source
Read on CointelegraphRelated market context
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity
TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatili...
Noussair Mazraoui substituted during World Cup opener against Brazil, raising concerns for crypto-linked athlete
Mazraoui's substitution could impact his fintech investments and digital card valuations, highlighting the intersection of sports...
Qatar secures first World Cup point with draw against Switzerland as crypto sponsors circle the tournament
Qatar's World Cup draw marks a turning point, while crypto's involvement highlights its growing influence and potential in global...
Scammers Exploit World Cup Hype as SEC and Congress Reshape Crypto Policy
Crypto scammers exploit World Cup hype as SEC proposes rule changes for tokenised stocks and Congress introduces a DOJ-led task fo...
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...