A company that is changing the way the world mines bitcoin

BitcoinSistemi 2025-03-11 15:05:09

Analysis Firm Says "Despite the Sharp Drop, Things Aren't That Bad for Bitcoin", Explains Two Factors That Signal a Rise!

Investors are suffering huge losses as Bitcoin (BTC) and altcoins struggle to combat steep declines. While investors in leveraged transactions have lost billions of dollars, the decline is due to increasing fears about tariff wars, economic uncertainty, the decreasing possibility of the Fed cutting interest rates and increasing concerns about a possible recession. While these factors reduced the risk appetite in the market, analysts evaluated the recent decline and the possibility of an increase. Speaking to Coindesk, LVRG Research Director Nick Ruck said investors are taking a risk-averse approach as the probability of the Fed cutting interest rates decreases and the February CPI report is expected to come in a similar format to January. Ruck said that for the increase, the economic outlook needs to become clearer and the possibility of a rate cut needs to increase, adding, “Investors can balance and set aside the risk in their portfolios until the economic situation in the US becomes clearer and the need for a rate cut becomes stronger, which could happen towards the end of this year.” Weakening US Dollar Positive for Bitcoin! Singapore-based crypto trading firm QCP Capital said in its latest analysis that despite the recent decline in Bitcoin (BTC), not all signals point to a bearish reversal. Noting that BTC is showing signs of recovery despite falling below $80,000, analysts said that the weakening US dollar and the nearly 60 basis point drop in 10-year US Treasury yields are two positive catalysts for US stocks and cryptocurrency markets. “On March 10, the S&P 500 and Nasdaq indexes fell 2.7% and 3.8%, respectively. The Magnificent 7 lost more than $830 billion, marking the biggest single-day loss in history for these names. Moreover, trading volumes of US equity put options have also skyrocketed to their highest level since 2020, suggesting that the downtrend is now in full swing. Notably, US President Donald Trump’s recent comments about a possible economic recession have worsened market sentiment towards risky assets, causing BTC to drop below $80,000. “But despite the market turmoil, not all signals are bearish. This latest wave of declines has lowered 10-year Treasury yields by about 60 basis points and weakened the U.S. dollar. These are historically positive factors for USD-denominated risk assets like U.S. equities and crypto.” *This is not investment advice. Continue Reading: Analysis Firm Says "Despite the Sharp Drop, Things Aren't That Bad for Bitcoin", Explains Two Factors That Signal a Rise!

Meist gelesene Nachrichten

Rumble Acquires $17.1 Million in Bitcoin as P...
2025-03-12
Remittix Holders Believe It Has 100x Potentia...
2025-03-12
Bolivia Turns to Crypto Payments for Fuel Imp...
2025-03-12
Strategic Metaplanet Accumulates 162 More Bit...
2025-03-12
Abu Dhabi’s MGX to invest $2bn in crypto exch...
2025-03-12
Anticipating a Surge: The Interplay of Global...
2025-03-12
SEC Extends Review Period for Ethereum Trust...
2025-03-12
This technical pattern sets XRP’s price next...
2025-03-12

Ähnliche Neuigkeiten

Crypto ETFs Likely Won't Be Approved Until New SEC...
12 Mar 2025
XRP Token Rises After Report That Ripple's Close t...
12 Mar 2025
Bitcoin ETF Outflows Approach $750 Million Amid Bl...
12 Mar 2025
Asset Management Giant VanEck Files for Avalanche...
12 Mar 2025
While the Crypto Market Struggles, Mutuum Finance...
12 Mar 2025
Polkadot price may surge 200%, thanks to these 3 c...
12 Mar 2025

Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen