4 reasons why Bitcoin price could rally to K in April

4 reasons why Bitcoin price could rally to $90K in April

Traders expect Bitcoin price to benefit from global stimulus, a weaker US dollar, and BTC’s decoupling from equities. Key points:  Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Read more If you liked the article, do…

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Bitcoin holds K as US dollar falls to 3-year low and PPI inflation drops sharply

Bitcoin holds $82K as US dollar falls to 3-year low and PPI inflation drops sharply

Developing bull market signals could continue to boost Bitcoin prices despite the tense atmosphere of the US trade war. Bitcoin (BTC) sought higher levels around the April 11 Wall Street open as the week’s final US inflation data gave bulls hope. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…

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4 key Bitcoin metrics suggest K BTC price is a discount

4 key Bitcoin metrics suggest $80K BTC price is a discount

Bitcoin price fails to find upward momentum, but multiple data points prove BTC currently trades at a discount. Bitcoin (BTC) price dropped from $87,241 to $81,331 between March 28 and March 31, erasing gains from the previous 17 days. The 6.8% correction liquidated $230 million in bullish BTC futures positions and largely followed the declining…

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Bitcoin could reduce dominance of US dollar — BlackRock

Bitcoin could reduce dominance of US dollar — BlackRock

BlackRock CEO Larry Fink warned in an annual letter that mounting US debt could drive investors toward Bitcoin, threatening the dollar’s global dominance. The US dollar could lose its status as the world’s reserve currency to Bitcoin or other digital assets if the United States does not get its debt under control, according to BlackRock…

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#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

#Bitcoin’s role as an inflation hedge depends on where one lives — Analyst

Analysts say Bitcoin’s inflation-hedging ability is uncertain in developed economies but more effective in emerging markets. For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically…

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