More Gains for Bitcoin Ahead as Natixis Predicts Dollar Declines
The starting point for the Bitcoin market’s recent declines is the prospect of faster-than-expected economic growth in the United States, thanks to the extreme fiscal expansion and a recent rebound in job growth to pre-pandemic levels, which has boosted the bond yields and, in turn, accelerated demand for the US dollar in foreign markets. But […]
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A weakened US Dollar is also positive for the bitcoin ecosystem, in a way. Looking ahead in the financial world is becoming quite challenging these days. Stock investors are currently concerned over the US Dollar, albeit that situation may come to change soon. After a horrible start in 20017 for the greenback, the question remains what will happen next. Further declines in value are not out of the question, which spells good news for investors. Additionally, a weaker US Dollar can benefit the bitcoin ecosystem as well. It has to be said, the bullish US Dollar trend could only be sustained....
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the U.S. dollar will crash by January next year after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.
Robert Kiyosaki Predicts Imminent Crash of US Dollar
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with a dire warning about the U.S. dollar, predicting that the USD will crash in a few months.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on....
Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class. Institutional Investors See Crypto as Top Contender for Major Correction Natixis Investment Managers published the results of a global institutional investor survey Wednesday. The company polled 500 institutional investors who collectively manage $13.2 trillion in assets for public and private....
Strong moves from Bitcoin this week have rekted altcoins in the process. In the last 24-hours, the leading crypto posted +8% gains to $18.2k. With its current run of form, many analysts expect Bitcoin to break its previous all-time high soon. Analyst ConnorNix predicts we’ll see a retest of $17.1k, followed by an upswing to […]
Bitcoin prices jumped during the European trading session on Monday even though traders assessed the potential of its massive declines against a stronger US dollar. The flagship cryptocurrency topped at $31,935, up 5 percent ahead of the New York opening bell. Traders flocked back into the BTC/USD markets after the pair breached $30,000-support on Wednesday. […]