Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet
“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
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“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million,
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
From the U.S. Dollar to Cat-Themed Cryptos, Global Assets Roar Back Following the FOMC’s Bold Move
Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve’s decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.
The Bank of Japan won’t rush to repeat hikes of the yen, which triggered a market meltdown in July.