If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan.
Dollar news
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Reducing network growth and diminishing user engagement are driving Cardano’s prices lower at the end of this week.
The hedge fund veteran also suggests holding gold, commodities, and technology stocks.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
XRP prices have declined after Ripple co-founder’s $10 million donation to Kamala Harris’ US presidential campaign.
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.
BTC’s price reached its highest level since late July, but US dollar strength is starting to undermine Bitcoin bulls’ confidence.
More regulatory-compliant stablecoins like RLUSD could benefit mainstream crypto adoption worldwide.