Market updates and forecasts

从ForexMart获得最新经济新闻,包括金融市场,中央银行政策宣告,财务指标,和影响这个银行的其他相关新闻的更新.

免责声明:   ForexMart不提供投资建议,所提供的分析不应被解释为对未来结果的承诺。

Bitcoin is falling, demand for BTC-ETFs is decreasing


四月, 02 2024
watermark Economic news

On Tuesday, bitcoin continues to decline – at the moment, the cryptocurrency dropped to $ 64,781. Pressure on the asset is exerted by a decrease in demand for spot bitcoin ETFs in the United States, as well as a decrease in hopes for easing the monetary policy of the Federal Reserve System.


The current BTC quote is $66,149. Thus, the sharp rally in cryptocurrencies observed after the approval of the first wholesale bitcoin exchange-traded funds in the United States is losing momentum. Since reaching a peak of $73,798 in mid-March, bitcoin has lost about 10%.


Recent inflation data point to continued price pressures in the United States, which forces investors to hold back expectations for a Fed interest rate cut. And this, in turn, supports the yield of treasury bonds and the dollar and negatively affects speculative assets, including cryptocurrencies.


However, analysts are still waiting for the rally to resume, as the supply of new bitcoins is expected to be halved in April, the so-called halving, which some traders consider as a support factor for the cryptocurrency.


反馈

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
风险提示:
外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。
外汇本质上有高度的投机性和复杂性,可能并不适合所有投资者。 外汇交易可能会带来重大的收益或损失。 因此,建议您不要承担无法承受的损失。 在使用ForexMart提供的服务之前,请确认外汇交易相关联的风险。 必要时寻求独立的财务意见。请注意,过去的业绩和预测都不是未来结果的可靠指标。