Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Seeking Alpha

2021-02-09 20:15:12

Growing Skepticism Over The Future Of Monetary Policy Sends Bitcoin To New Record Highs

Growing Skepticism Over The Future Of Monetary Policy Sends Bitcoin To New Record Highs

Following the spectacular ride in the last two months of 2020, investors were starting to be concerned that bitcoin was showing some signs of ‘fatigue’ last month.However, the consolidation happened to be temporary as after consolidating by over 30%, bitcoin is already testing new record highs.As long as the uncertainty of the 'Covid19 exit' remains elevated, support for bitcoin will continue to grow.

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