Why bitcoin keeps rising

why bitcoin keeps rising

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Bullish group is majority owned. Reasons for caution ahead. CoinDesk operates as an independent privacy https://bitcoinadvocacy.org/anti-crypto-subreddit/3284-binance-bonus-code.php of chaired by a former editor-in-chief of The Wall Street Journal, information has been updated journalistic integrity.

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Economist explains the two futures of crypto - Tyler Cowen
The increasing correlation between U.S. stocks and Bitcoin comes as the market shifts its expectations on interest rate expectations. The first U.S. Federal. Bitcoin prices rose from $16, in January up to around $30, at the end of October � onward all the way to over $42, in early December. After a blistering start, it isn't surprising that some strategists think the market could be due for a pause.
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Rising inflation and the potential for even more stimulus continues to push people to safe-haven assets. Aside from PayPal, this has further implications. Want to watch Super Bowl commercials? Bitcoin's historical trend of closely following its halving stock-to-flow model shows an ambitious and extremely bullish outlook. This has many worrying about the inevitable decrease in the dollar's purchasing power and the rise in inflation.