Your Daily Digest of Global Stories
Key facts: “Is bitcoin a bet that Trump will win?” Villaverde asks. The analyst anticipates that Bitcoin could reach its lowest price on November 5. The US presidential election could have a direct impact on the price of bitcoin (BTC) and, as a result, the entire cryptocurrency market. For analyst and trader Juan Villaverde, the…
Solana (SOL), the native cryptocurrency of its eponymous network, continues to show weak performance since March and its price is moving further away from its all-time high. In early August, digital assets took a major hit due to the crash financial crisis that caused the event known as “Black Monday”. In the case of SOL,…
Key facts: The candidate reiterates that the dollar must remain the world’s reserve currency. Economists believe that the measure will end up sinking the dollar, rather than benefiting it. Republican presidential candidate Donald Trump is determined to put the brakes on de-dollarization. This is precisely when the dollar’s dominance as the global reserve currency is…
Cryptocurrencies registered a significant drop last week, driven by the outflow of approximately USD 700 million from investment funds, according to data provided by CoinShares. This negative trend is center almost exclusively in the United States, where USD 721 million in outflows were recordedCanada also saw a withdrawal of funds, although to a lesser extent,…
Key facts: According to Polymarket, Trump is the favorite candidate. Bitcoin price remains in a “tense calm” around $55,000. One of the key factors that will shape the path for the price of bitcoin (BTC) and the rest of the cryptocurrency market in the coming days is centered on the presidential debate between Kamala Harris…
Key facts: The poor performance of the funds has a direct impact on the price of bitcoin. Since launch, BTC ETFs have accumulated inflows of over USD 16 billion. Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net outflows of more than $167 million last Friday, September 6, surpassing the worst streak since…
Key facts: So far in Q3 2024, BTC is down more than 13% Historically, September tends to be a negative month for the markets. The price of Bitcoin (BTC) has fallen by 13% so far in the third quarter of 2024, its worst performance in the last 5 years between the months of June and…
