Jeff Park, the head of alpha strategies at Bitwise Invest, recently suggested that if the U.S. creates a Bitcoin reserve, the price of Bitcoin could reach $1 million by 2025. He mentioned that this would be based on specific calculations, although he believes that only 10% of this reserve might become a reality next year. ...
Hedge funds and speculative traders are gearing up for a potential rally in the dollar. With increasing demand for safe-haven assets ahead of the US presidential election, many believe the dollar could strengthen. Market participants are closely watching the political landscape as uncertainty drives investment strategies.
Bitcoin, the world’s most popular cryptocurrency, has experienced a significant drop in its price today, falling to $64k. This drop comes as the correlation between Bitcoin and tech stocks returns to the market. As an investor or someone interested in the world of cryptocurrencies, it’s essential to understand the factors that influence Bitcoin’s price and ...
