Suche
Mein Konto
Bitcoin (BTC) Shows Relative Outperformance Despite Geopolitical Uncertainties - Weekly Review
According to a report from www.btc-echo.de, Bitcoin showed its bullish side in the past trading week. While the traditional financial markets slipped into the red due to geopolitical uncertainties and statements from US Federal Reserve Chairman Powell, the Bitcoin price rose and ended the week with a gain of 10 percent. BTC is currently trading above the psychologically relevant mark of $30,000 and has been able to make the historically bullish trading month of October positive with a double-digit price increase since the beginning of the month. For this reason, the question arises as to whether this positive trend will continue and whether Bitcoin can see a sustained upward movement in the coming weeks. A relevant factor for the…
Bitcoin (BTC) Shows Relative Outperformance Despite Geopolitical Uncertainties - Weekly Review
According to a report by www.btc-echo.de, Bitcoin showed its bullish side in the past trading week. While the traditional financial markets slipped into the red due to geopolitical uncertainties and statements from US Federal Reserve Chairman Powell, the Bitcoin price rose and ended the week with a gain of 10 percent. BTC is currently trading above the psychologically relevant mark of $30,000 and has been able to make the historically bullish trading month of October positive with a double-digit price increase since the beginning of the month. For this reason, the question arises as to whether this positive trend will continue and whether Bitcoin can see a sustained upward movement in the coming weeks.
A relevant factor for the price development on the crypto market in the coming weeks will be the economic data from the traditional financial world. This data can have a significant impact on the market.
Read the source article at www.btc-echo.de