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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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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
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Bitcoin regained $28000 due to FirstRepublic reigniting concerns about the banking industry
As of early Wednesday morning, the trading price of Bitcoin was approximately $28400, an increase of approximately 3.7% within 24 hours
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The US banking industry is in big trouble again. Bitcoin surged 9% yesterday, reaching $30000
As concerns about the US banking industry resurfaced, Bitcoin surged 9% on Wednesday (April 26th) and broke through a key price of $30000, the first time in a week.According to CoinGecko data, the second largest cryptocurrency in the past 24 hours, Ethereum, has also climbed 7
