The recent surge in Bitcoin’s price, reaching $65,000 for the first time since early August, can be attributed to a combination of factors. One of the main reasons behind this price increase is believed to be linked to the actions of the US Federal Reserve. Over the past few years, Bitcoin’s price has shown a
Crypto
The historical data on Bitcoin demand has shown that high demand often precedes price recoveries and rallies. However, the current market dynamics paint a different picture. Recent reports have indicated that Bitcoin demand growth has stagnated, remaining at low levels since early April when the cryptocurrency was trading around $70,000. One of the key indicators
Bitcoin’s price has been experiencing significant fluctuations, with the bulls currently in control as they push the price above $61,000. However, weekends often bring a different dynamic to the market due to lower trading volumes. With less liquidity in the market, price movements can be more pronounced. Traders tend to react to sudden changes in
