-
Bitcoin price in a post-ZIRP world
Coiners have been worried that the end of the free-money era would blunt bitcoin's next rally. The big picture: True, bitcoin is a risk asset, which tends to do better when interest rates are low, and poorer when rates are high — but ending there would oversimplify what factors are driving price of the world's oldest cryptocurrency. Bitcoin has a limited history. It was born during the reign of zero interest rate policy, known as ZIRP, and doesn't have a long record of stacking cakes without it. Many folks are now keenly focused on things like inflation prints, to divine whether the U.S. is in position to cut ... (full story)
- Comments
- Subscribe
-
- Older Stories
From cointelegraph.com|May 15, 2024The S&P 500 Index (SPX) and the Nasdaq Composite soared to a new lifetime high after the United States Consumer inflation report came in less than expected. That ignited a rally ...
From kitco.com|May 15, 2024Financial markets trended higher on Wednesday afternoon after a soft Consumer Price Index (CPI) reading boosted investor expectations for an interest rate cut and signaled to ...
From youtube.com/markets|May 15, 2024"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's Guests: Securitize Co-Founder and CEO Carlos Domingo and ...
-
- Newer Stories
From youtube.com/cnbctelevision|May 15, 2024CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile ...
From bnnbloomberg.ca|May 15, 2024Aiden Pleterski, the self-proclaimed “Crypto King” who collected millions of dollars from investors, only to spend it on luxury goods, has been arrested on fraud charges in ...
From bnnbloomberg.ca|May 15, 2024South Korean retail investors were piling into local digital-asset exchanges in greater numbers well ahead of the global crypto boom that drove prices to record highs in early ...
- Story Stats
- Posted: May 15, 2024 7:00pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 282
