Fundamental view: Bitcoin showed a uptrend against the greenback in this week. Analysts at Standard Chartered are expecting the Fed to announce the taper next week after the Federal Open Market Committee meets. “The 22 September FOMC will likely signal a tapering decision at the next meeting, providing few details. The interest rates will likely [...]
Fundamental view: Bitcoin fell against the greenback this week. The dip saw Bitcoin’s price drop from above $52k to trade below the $45k region earlier this week. The reasons behind the US dollar support are concerns over the delta virus and the Fed officials plan on tapering the bond purchases. But the Popular cryptocurrency analyst [...]
Fundamental view: Bitcoin showed an uptrend against the US dollar in the last week. Amidst the US dollar weakness supporting the big crypto, Bitcoin adoption also seems to be going well despite the May 19 crash or the choppy markets that followed it. Many countries are warming up to BTC in one way or another, [...]
Fundamental view: Bitcoin portrayed a bullish trend against the greenback in this week. US dollar fall served a helping hand towards the Bitcoin uptrend. Other news also favors the Bitcoins. As per a news agency, Kyrgyzstan’s State Service for Regulation has developed a draft of regulations for crypto exchanges on August 25. The draft aims [...]
