USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’

USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société Générale notes that the index will […]

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Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto Economy

Catching the Falling Knife: Bitcoin, Ethereum Down 50% From All-Time Highs — Billions Leave Crypto EconomyThe crypto economy has dropped considerably in value during the last five weeks, slipping 23.28% from $2.19 trillion to today’s $1.68 trillion. Furthermore, both bitcoin and ethereum are awfully close to sinking 50% below the all-time highs recorded six months ago. Bitcoin Sinks Lower Against the US Dollar, 39% Down in 30 Days Digital currency […]

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Tanzanian, Venezuelan, and Peru’s P2P Bitcoin Markets Witness Record Volume

Tanzanian, Venezuelan, and Peru's P2P Markets Witness Record VolumeThe trading volume for Tanzanian bitcoin pairings on Localbitcoins has spiked to establish a new record high this week. The sudden spike in volume has occurred after several months of increasing warnings regarding virtual currencies from Tanzania’s central bank. Certain South American markets have also seen spikes in trading activity, with Peru and Vietnam also […]

The post Tanzanian, Venezuelan, and Peru’s P2P Bitcoin Markets Witness Record Volume appeared first on Bitcoin News.

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