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In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics.
The Federal Reserve's rate hike spree will likely spoil XRP's most bullish fundamentals in years.
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support.
The commodity strategist has pegged Bitcoin to rebound strongly from the bear market despite headwinds for high-risk assets.
KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market.
BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022.
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats.
Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles…
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets.
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open.