Bitcoin price targets range from $19K to $25K as CPI day dawns
It’s all about macroeconomic data this Valentine’s Day as Bitcoin bulls face a test from a familiar source. Go to Source Powered by WPeMatico
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It’s all about macroeconomic data this Valentine’s Day as Bitcoin bulls face a test from a familiar source. Go to Source Powered by WPeMatico
Bitcoin bulls struggle to influence the trend as CPI nerves combine with already weak low-timeframe performance. Go to Source Powered by WPeMatico
Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts. Go to Source Powered by WPeMatico
Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. Go to Source Powered by WPeMatico
Crypto sentiment is “hysterical” with Bitcoin under $22,000, but no major trend lines have been lost yet, one analyst argues. Go to Source Powered by WPeMatico
Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000. Go to Source Powered by WPeMatico
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies (CBDCs) and corporate payment rails contribute to a new landscape. … Read more
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized as an insufficient measure. … Read more
Bitcoin looks like it is treading on thin ice as February fails to match the gains of last month. Go to Source Powered by WPeMatico
Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. Go to Source Powered by WPeMatico