Bitcoin Breaks New Ground During Geopolitical Chaos
The new week begins with Bitcoin surpassing the $106,500 mark after weekend volatility. Geopolitical tensions affect BTC, but fast healing suggests it as a hedge asset.
Crypto expert Rachael Lucas from BTC Markets noted that while geopolitical instability briefly affected Bitcoin’s value, speedy healing followed as investors viewed Bitcoin as a hedge against geopolitical uncertainty.
Bitcoin’s Increase Dynamics
Bitcoin’s price movements are being influenced by institutional investments, macroeconomic data, and geopolitical risks.
Ethereum and the FOMC’s Market Impact
While Bitcoin maintains around 65% market dominance, significant altcoin Ethereum (ETH) $2,629 saw a 1.48% increase within the last day, trading at $2,569.
Crypto expert Rachael Lucas from BTC Markets noted that while geopolitical instability briefly affected Bitcoin’s value, speedy healing followed as investors viewed Bitcoin as a hedge against geopolitical uncertainty. Bitcoin’s Increase Dynamics Bitcoin’s cost movements are being influenced by institutional investments, macroeconomic data, and geopolitical risks. Ethereum and the FOMC’s Market Effect While Bitcoin maintains around 65% market dominance, significant altcoin Ethereum (ETH) $2,629 saw a 1.48% boost within the last day, trading at $2,569.
