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Bitcoin price today jumped over 3% in the last 24 hours, reaching $57,896 before settling around $56,600 early on Tuesday, September 10. The bullish Bitcoin price today also helped boost the altcoin market, with the total crypto market value going back up to $2 trillion. Most of the $126 million in liquidations over the past day…
Bitcoin’s price has fallen to $61,000, influenced by market activities from Morgan Stanley and Genesis Trading. Morgan Stanley is now telling its financial advisors that certain clients will soon be able to buy Bitcoin ETFs. This shows the firm’s growing interest in offering more crypto options for its clients. However, only clients with a net…
Bitcoin price volatility is influenced by a several factors, among which U.S. economic indicators such as employment data and inflation rates hold significance. Impact of U.S. Economic Indicators on Bitcoin Price Employment statistics, particularly job openings and unemployment rates, serve as important measuring instruments for economic health. A high job market typically signals economic strength, increasing…
Analyzing historical trends between the Federal Reserve interest rates and the price of Bitcoin reveals a complex relationship. In general, when interest rates rise, investors tend to shift their money from riskier assets like stocks and Bitcoin to safer investments like bonds.
As per the Wall Street Journal, the US government is set to take First Republic Bank under the FDIC (Federal Deposit Insurance Corporation) receivership this weekend. This development will put additional pressure on the US central bank Federal Reserve’s balance sheet, pushing the Bitcoin price to rally towards $35,000. First Republic Bank is not the…
Ethereum, Bnb, Bitcoin Price Prediction For Week 12. Bitcoin Price Prediction for Week 12. The past few weeks have been a roller coaster ride for the crypto space with Bitcoin being at the center of the whole fiesta, the collapse of the Silvergate crypto bank saw a sharp decline in the price of crypto…
