Bitcoin Investment

Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program

Bitcoin is hovering around $38K as the Australian Central Bank ended a bond purchases, but indicated it will not be making interest rate rises in the near future.

After Australia’s Reserve Bank (RBA) terminated its quantitative easing (QE) bond-buying program, the bitcoin price underlying cryptocurrency held steady early on Tuesday. Concerns surrounding price stability were addressed as well. RBA’s choice to end QE comes after a time period of intensified market tensions in the U.S. Last Wednesday, the Federal Reserve restated its commitment […]

Bitcoin is hovering around $38K as the Australian Central Bank ended a bond purchases, but indicated it will not be making interest rate rises in the near future. Read More »

Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows – Bitcoin News

Goldman Sachs warns its traders that Bitcoin will grow increasingly vulnerable as mainstream adoption increases after nations raise interest rates.

Goldman Sachs has said that bitcoin is gradually becoming more vulnerable to the Federal Reserve’s rate hikes as its popularity increases. “Over the last 2 years, as bitcoin has actually seen larger mainstream adoption, its connection with macro possessions has chose up,” the Goldman experts discussed. Global investment bank Goldman Sachs released a report Thursday

Goldman Sachs warns its traders that Bitcoin will grow increasingly vulnerable as mainstream adoption increases after nations raise interest rates. Read More »

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