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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#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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