Market Cap: $2,557,594,794,866
24h Vol: $95,209,059,350
Cryptocurrencies: 28960
Markets: 114116
Cryptocurrencies: 28960
Markets: 114116
Market Cap: $2,557,594,794,866     
24h Vol: $95,209,059,350
Seeking Alpha 2023-02-05 09:52:00

Why Bitcoin Is Rallying

Why Bitcoin Is Rallying
Summary Bitcoin’s 30-day volatility plunged below that of the S&P 500 Index’s in early January, as both buyers and sellers looked elsewhere amidst declining liquidity. The lack of a Bitcoin spot ETF serves as a powerful symbol from U.S. regulators that the asset is not fit for traditional fiduciaries. As a call option on an alternative financial future in which U.S. dollar hegemony is decidedly less pronounced, Bitcoin retains attractive properties due to its max decentralization and (currently) fixed supply.
esptco-banner img
Latest News

Videos

  • The Metaverse to Replace the Real World!

  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

  • Stellar XLM: What is Stellar Lumen? EXPLAINED!

  • Tether USDT Coin : What It Is & What You Can Do With It? Simply Explained!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire