Home The sensitivity of the cryptocurrency market to economic data has significantly increased. Currently, the 30-day correlation between the cryptocurrency market and U.S. stocks is at its highest level since 2022. Investors are particularly focused on the interest rate outlooks of FOMC members, as these will be one of the main drivers of Bitcoin prices. Text

The sensitivity of the cryptocurrency market to economic data has significantly increased. Currently, the 30-day correlation between the cryptocurrency market and U.S. stocks is at its highest level since 2022. Investors are particularly focused on the interest rate outlooks of FOMC members, as these will be one of the main drivers of Bitcoin prices.

bitcions nlink stock 2024-09-13 03:39:53

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Miller emphasizes that Bitcoin remains significantly undervalued. He predicts that with shifts in global capital governance, the value of Bitcoin will further increase. Especially in the current context of growing global economic uncertainty, investors are increasingly inclined to use Bitcoin as a hedge and a store of value. Bitcions Exchange believes this trend will bring new growth opportunities to the Bitcoin market.

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