Bitcoin rises to around $65,000 amid hints of rate cuts
Bitcoin rises to around $65,000, influenced by the upcoming US PCE inflation data and the Fed's hint of a rate cut
JinseFinanceBitcoin rises to around $65,000, influenced by the upcoming US PCE inflation data and the Fed's hint of a rate cut
JinseFinanceMay 22 is "Bitcoin Pizza Day," commemorating the historic event in 2010 when 10,000 bitcoins were used to purchase two Papa John's pizzas. From $41 worth of pizza to $700 million in wealth, Bitcoin's price surge over the past 15 years has proven it to be the best-performing financial asset in history.
MiyukiKeep this in mind when turmoil intensifies and the narrative of Bitcoin as a currency begins to form.
JinseFinanceBitcoin is an ultra-secure asset. As an ultra-safe asset, Bitcoin’s supply curve is closer to the inelastic level (S0) than every other known commodity and monetary good!
JinseFinanceBitcoin's price has been soaring since its launch in 2008. Early investors are now reaping returns in the millions of dollars. Nevertheless, its volatility and regulatory uncertainty remain significant risks for investors.
BerniceRecent data challenges the de-dollarization narrative as the U.S. dollar strengthens in international transactions and maintains its share in reserves. This resilience may impact alternative assets like Bitcoin.
Huang BoMATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.
BitcoinworldOne filing also alleged that Bahamian regulators asked Sam Bankman-Fried to gain unauthorized access to funds.
BeincryptoThe U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything.
Cointelegraph