Last week, the dynamics of the BTC/USD pair were ambiguous. At first, the quotes dropped to the area of 50300.00 under the pressure of a possible complete ban on cryptocurrencies in India but then they regained some of the losses and returned to the area of 56000.00.The long-term market situation remains the same. Large investors continue to show interest in the instrument, feeling the potential for its growth due to soft monetary pol...
Current trendLast week, the pair BTC/USD attempted to grow, tested 50000.00, but failed to consolidate above it.Even the Senate's approval of a package of USD 1.9 trillion stimulus cannot provide sufficient support to strengthen the coin. Previously, additional financing of the national economy was considered by experts to be a serious driver of the cryptocurrency market growth. It should be noted that significant interest of institutional invest...
Current trendLast week, the BTC/USD pair was correcting downwards, reaching 43120.00 and having lost about 32.5% in value. Experts attribute the current decline to speculative activity, since the general positive factors for the market, associated with the soft monetary policy of global regulators and the probable inflation rise, remain in force.Observers note that large companies’ interest in BTC remains, but few are ready to invest in the ass...