Bitcoin clears the $28,000 level.
On Monday, October 2, the price of the first cryptocurrency rose above $28,000.
Bitcoin clears the $28,000 level.
On Monday, October 2, the price of the first cryptocurrency rose above $28,000.
Opinion: The ‘golden cross’ in the dollar index won’t threaten Bitcoin
Concerns about the impact of a stronger U.S. dollar on digital gold may be overstated, especially over the long term. The two assets are not closely correlated.
Rising US government-bond yields dampen Bitcoin’s appeal
Since the start of the third quarter, the leading cryptocurrency and the S&P 500 have fallen by 14% and 3%, respectively. The reason lies in rising yields on risk-free U.S. government bonds, CoinDesk reports.
Former Alameda employee reveals cause of 87% Bitcoin drop on Binance.US in 2021
The bankrupt Alameda Research tied to Sam Bankman-Fried is said to have caused the glitch that briefly saw the Bitcoin price on the Binance.US exchange plunge by 87% in 2021, according to a former employee of the firm.
Fed Holds Key Rate; Bitcoin Slips Modestly
On September 20, the U.S. Federal Reserve kept the target range for the federal funds rate at 5.25–5.50%.
Analysts detect signs of a renewed bullish trend
Bitfinex: hodlers are accumulating coins they sold in the spring to short-term investors, suggesting positive prospects ahead.
U.S. inflation accelerates; Bitcoin retreats on modest selling.
The core inflation rate in the United States slowed in August, from 4.7% to 4.3%, though above forecasts. Bitcoin retraced to around $26,000, giving back the day's gains.
Bitcoin tests levels below $25,000
On Monday, September 11, Bitcoin's price fell to $24,953 (on the Binance exchange).
Expert forecasts Bitcoin to reach $150,000
By the summer of 2025, digital gold will rise to $150,000. This forecast, in an interview with CoinDesk, was presented by Rick Edelman, founder of Edelman Financial Engines.
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