The Currency Analytics
By Sydney TheCMO
Why the context of the Presidential election?
Multiple reasons behind BTC’s recent rocket rise
Bitcoin seems to be back to its glorious form once again this year. Over the past 6 months, BTC price has shown a solid 50 percent rise, leaving the industry in awe with a rocket…
Per the statements of Jason Deane, expert financial analyst at leading marjet advisory company Quantum Economics, the current election might play some role in Bitcoin’s…
Again, history has it that stock markets had performed better whenever current presidents were re-elected.
But, if we look at the recent events, the mainstream crypto industry has already decoupled from conventional markets.
Whether the elections would influence the BTC price further or not is a matter of debate. But, some of the crypto experts have already highlighted the sure-shot reasons behind…
A fair share of the crypto experts have unanimously agreed that the current depreciating value of the American dollar is one of the primary reasons behind Bitcoin’s…
“Increasing printing of the fiat currency for Coronavirus stimulus relief has led to serious depreciation in dollar value which has eventually drawn investors towards hedges like…
Alongside, rising adoption of Bitcoin in the mainstream market, especially by the corporate giants like Square, Grayscale or MicroStrategy, has also played a vital role in the…