Bitcoin Explodes Higher, Revisiting IBIT And BTC As The Debasement Trade Returns (Cryptocurrency:BTC-USD)
5 Articles
5 Articles
Bitcoin Explodes Higher, Revisiting IBIT And BTC As The Debasement Trade Returns (Cryptocurrency:BTC-USD)
Bitcoin breaks $75K as the debasement trade returns and Treasury buybacks lift momentum. Read why September poses a historical downside risk for bitcoin.
US bond sales and betting on falling prices have brought momentum back into the cryptocurrencies market.
Treasury Buyback Sparks Bitcoin Surge as Debasement Trade Returns
The recent announcement of the U.S. Treasury debt buybacks expansion has sparked debasement trade talks, a strategy in which investors abandon currencies and buy scarce hard assets such as gold and bitcoin, which is serving as a leading indicator in the current rally. Bitcoin Rally Sparks Debasement Trade Talks Again Bitcoin is back in the […]
Bitcoin Breaks Above $78,000 As Bulls Regain Momentum
BitcoinWorld Bitcoin Breaks Above $78,000 as Bulls Regain Momentum Bitcoin (BTC) climbed above the $78,000 mark on Tuesday, extending a recent rally that has captured the attention of traders and investors. Data from Bitcoin World market monitoring shows BTC trading at $78,057.63 on the Binance USDT market at the time of writing. Market Context: What’s Driving the Move? The latest push above $78,000 comes amid a backdrop of renewed risk appetit…
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