Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls
Submitted by Anonymous (not verified) on Tue, 04/16/2024 - 16:40As always, rising prices bring forth boosted supplies.
As always, rising prices bring forth boosted supplies.
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
Dimon believes investors are being overly optimistic with respect to the chances for an economic soft landing.
The ETF-led bitcoin rally has stalled over the past month, at least in part thanks to economic indicators pointing to higher than expected interest
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago.
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.
U.S. economic data on Thursday has sent rates and the dollar higher.
Copyright © 2025, www.bitcoin-trader.org | Contact