Market participants expect interest rates to fall “aggressively” in the U.S., U.K. and Europe for the next couple of years, which is more beneficial for risky assets, OANDA’s Craig Erlam said in an interview with CoinDesk TV.
How does bitcoin fit in your portfolio? Zach Pandl from Grayscale takes us through the investment thesis.
It appears bitcoin holders are not planning on offloading inventory at these price levels or any time soon, one observer said.
Large movements in spot markets led to open interest surging to $35 billion over the weekend, indicating highly leveraged bets from traders hoping for even higher prices.
Key options market gauge suggests ether could continue to see more action than bitcoin in the coming weeks.
The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.
The number of transactions of over $100,000 on the Bitcoin blockchain rose to a new year-to-date high last week.
WTI crude oil has surged 30% higher this quarter, a rally that could feed into inflation, forcing central banks to keep rates elevated for longer than expected.
The uptick was initially led by spot market buyers, which squeezed out bearish derivative positions, one analyst said.
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.