Ukraine crisis weighs on Bitcoin

Choppy market condition due to worsening Russia - Ukraine crisis weighs on the king crypto. Moscow’s recent actions breaks trust on the peace talks. Hawkish Fed Chair Powell comments on the rate hike and the recent risk aversion wave favors the USD bulls.   Bitcoin dropped against the greenback during Friday trading session as Choppy [...]

Ukraine – Russia saga weighs on Bitcoin

Bitcoin dropped and is trading around $40000. Ukraine - Russia crisis, weigh on market sentiment, pressuring the riskier asset- Bitcoin. Lifchitz suggest "looks like a distraction from the real rates/inflation issue.”   Bitcoin descended and is trading around $40000 during Friday Asian Trading session. The worsening situation in Ukraine is the major catalyst in prompting [...]

Bitcoin trades high in choppy trading conditions

Threat of rising inflation underpins the uptrend of the Crypto market. Robert Kiyosaki, the highly successful author tweets Bitcoin is part of the path to "financial heaven." A bill introduced by A bipartisan group of U.S. House representatives favors the crypto currency.   Bitcoin edged higher against the greenback during Friday Asian session. Choppy trading [...]

Analysts expect Bitcoin bounce

McGlone, senior commodity strategist expects a bounce in the bitcoin. Binance, the world's largest cryptocurrency exchange wants to expand in Russia and neighboring states. According to JPMorgan, The boom-and-bust nature of bitcoin will hinder institutional adoption.   Bitcoin had a quite disappointing year till Jan 25. 2022, However it has 12% partial recovery to $38,100 [...]