Why is bitcoin so impacted by everything that happens in the United States?

Key facts: The influence of the main world financial power on bitcoin is undeniable. If hyperbitcoinization becomes a reality, it would upset the balance of economic power. Since its birth in the shadows of the 2008 financial crisis, bitcoin (BTC), the digital currency created by Satoshi Nakamoto, sparked a revolution: a decentralized economy, free from … Read more

Emerging markets soar on promises from China. How will it impact bitcoin?

Emerging markets give a clear sign of strength by having a general increase in their prices for the sixth consecutive day. “Emerging markets” are called developing economies that are experiencing rapid growth and industrial expansion, although they still have lower levels of infrastructure and financial stability than those of developed markets. In the stock market … Read more

Why lower inflation can boost bitcoin?

The publication of the personal consumption expenditure (PCE) price index in the United States this morning has raised expectations of greater liquidity for the markets. This is something that is positive for bitcoin (BTC) and cryptocurrencies. The annual PCE fell from 2.5% to 2.2%which is 0.1% below expectations. With this result, it marked its lowest … Read more

Bitcoin broke the downtrend by breaking above $65,000

The price of Bitcoin (BTC) has just surpassed $65,500 (USD), breaking the downward trend that it had been in for six months since it reached a record high. While Bitcoin has been mostly range-bound for the past six months, it was seeing increasingly lower highs. That’s why it looked like it was mired in a … Read more

“Bitcoin is heading for a new all-time high in October”: Bitget analyst

Bitcoin (BTC) has been trading sideways for six months in a range below its most recent all-time high price. However, according to Jacobo Maximiliano, an analyst at the Bitget exchange, this trend could reverse in the short term. In a report sent to CriptoNoticias, the analyst sees “bitcoin heading for a new all-time high in … Read more

Bitcoin’s Uptober is coming (and investors are anticipating it)

The market is showing great interest in accumulating bitcoin (BTC) and/or having exposure to its price. One example of this is that ETFs based on the digital currency listed on US stock exchanges recorded their fifth consecutive day of capital inflows yesterday, Wednesday. In total, Money flow into bitcoin ETFs was $105.84 million during the … Read more

What price could gold reach, according to VanEck?

As the price of gold continues to reach new all-time highs, positive expectations for its future are strengthening. “Longer term, investors should expect gold to continue to act as a hedge against broader market volatility and uncertainty,” comment VanEck. Founded over 70 years ago, this American firm manages investment funds in multiple assets, including precious … Read more

Bitcoin is approaching the breakout point of the downtrend

With the interest rate cut in the United States last week, Bitcoin (BTC) has experienced a rebound. However, at the moment, it has not managed to break through a key technical zone, which is crucial for the increase to continue. “BTC remains below the critical high of August 25 at USD 65,200,” it highlights in … Read more

3 indicators anticipate bullish movements for bitcoin

Key facts: Over the past two weeks, the price of BTC has been on the rise. Bitcoin on-chain analysis allows us to distinguish how the market might continue. While the price of Bitcoin (BTC) is still in a corrective sideways period for six months, the market is showing positive signs. According to 3 metrics, The … Read more

Market expects a ‘soft landing’ – What does this mean for Bitcoin?

In recent years, bitcoin (BTC) has transcended its origins as an experimental digital currency to become a globally recognized financial asset. The growing adoption of bitcoinby both retail and institutional investors, has generated a greater correlation with macroeconomic events. Today, Bitcoin market fluctuations are largely (though not exclusively) influenced by central bank decisions and global … Read more