Bitcoin (BTC) critic Peter Schiff believes interest rates might still rise, but there's catch $BTC BTC PeterSchiff
He points out that the Fed cannot raise rates high enough to bring inflation back down to 2% without causing a financial crisis worse than the one it caused in 2008. The Fed will therefore give up well before inflation hits 2% .Recently, Bitcoin was trading at about $24,672, only slightly up over the previous day and off a weekly high early on Thursday when BTC crossed the $25,000 threshold for the first time since August.
Despite the mild retreat in price, Bitcoin was still 13% higher than it was seven days earlier. Investors continued to be generally upbeat about the cryptocurrency markets.Instead of going back to the more aggressive rate hikes of 2022, they predict that the Fed will approve a second consecutive 25-basis-point rate hike at its next Federal Open Market Committee meeting in March. Additionally, they anticipate that any economic contraction will be slight — a"safe landing.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Legendary Trader Peter Brandt Spots Major Turning Points on Bitcoin (BTC) ChartBitcoin (BTC): Popular trader Peter Brandt spots major turning points on price chart BTC $BTC PeterBrandt
Consulte Mais informação »
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge – Market Updates Bitcoin NewsBitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains.
Consulte Mais informação »
Bitcoin (BTC) May Go to Zero If This Happens, Says Bitcoin VeteranCobra's comments were in response to article highlighting how many developers are leaving Bitcoin or contributing less because of legal risk and burnout
Consulte Mais informação »
Bitcoin levels to watch as BTC price rejects at key $25K trendlineBitcoin traders have the BTC price resistance zones to crack next to continue the bull market.
Consulte Mais informação »
Bitcoin (BTC) Remains Best for Unstable Times, but There's Catch: 'Rich Dad Poor Dad' Author'Rich Dad Poor Dad' author theRealKiyosaki doubles down on $BTC as an asset for unstable times Bitcoin
Consulte Mais informação »
No, Bitcoin (BTC) Not Controlled by Five People: CoinShares Debunks Toxic NarrativeWall Street Journal releases alarmist article following Wladimir van der Laan stepping down from Bitcoin Core lead maintainer's role
Consulte Mais informação »