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Bitcoin Breaks $65,000 Ahead of Options Expiration, Raising Concerns About Market Volatility
Bitcoin Breaks $65,000 Ahead of Options Expiration, Raising Concerns About Market VolatilityBitcoin has surged past $65,000 for the first time in four weeks, leading to concerns about the upcoming options expiration on Friday, when over $5.8 billion worth of contracts are set to expire
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Major Market Warning: The probability of the Federal Reserve raising interest rates by one yard this week is over 99%, and Bitcoin Station will receive 30000 magnesium
Although the Consumer price index (CPI) data of the United States in June hit the lowest level in nearly two years. But analysts expect the Federal Reserve's FOMC meeting this week to likely raise interest rates by another one yard
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The Federal Reserve's expectation of raising interest rates is hindered by the collapse of the banking industry, and Bitcoin has returned to the $24000 level
Interface News Reporter | Si LinweiOn the evening of March 13th, market data showed that Bitcoin, the world's largest cryptocurrency by market value, broke through the $24000 mark, reaching a maximum of $24500, with a 24-hour increase of over 18%. The second largest cryptocurrency, Ethereum, quoted over $1650, reaching a maximum of $1700
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Bitcoin has fallen below $24000! Is the Federal Reserve raising interest rates the main reason for the sharp drop in virtual currency prices again?
Virtual currencies represented by Bitcoin and Ethereum themselves belong to risk assets. Against the backdrop of the Federal Reserve's interest rate hike, the appreciation of the US dollar has increased the pressure on the depreciation of risk assets
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Discussions in the United States on raising the debt ceiling and delaying the banking crisis are both positive for Bitcoin
Author: GregCipolaro, Global Research Director, NYDIG Compiled by WEEXBlogSummary: Bitcoin, as a non sovereign means of storing value, may be seen as an effective investment choice and hedging tool for those seeking to protect themselves from the conspiracies of politicians and monetary policymakers.Reading summary:The debate on the US debt ceiling is coming ahead of schedule due to the decline in tax revenue, which may highlight the importance of Bitcoin
