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06.01 - 03:19
Bitcoin could ‘violate the framework’ through which digital currency is viewed, if…
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ambcrypto.comReal-world factors often influence Bitcoin prices. At this very moment, crypto investors are struggling to keep their two eyes on a dizzying number of variables: the COVID-19 pandemic, crypto regulations worldwide, the Federal Reserve’s actions, government bonds, and many more.
To that end, investment analyst Anthony Pompliano discussed a surprising trend that several other market watchers had noted while comparing Bitcoin to treasury yields.
Pompliano first wondered what would happen to Bitcoin if the Fed increased interest rates. Many experts are reportedly worried that a rise in these rates will mean that riskier assets will be sold off. Bitcoin might be one of them.
However, Pompliano wondered whether Bitcoin’s increase in price in the
Read more on ambcrypto.comAbout this in other media
Goldman Sachs says bitcoin could reach $100,000 finextra.com /2 years ago
Why Goldman says bitcoin could hit $100k and take market share from gold fnlondon.com /2 years ago
Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs cryptonews.com /2 years ago
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