2 key metrics suggest Bitcoin price won’t be pinned below $33K for long

by Aurelia Butler 26 January 2021, 22:20 129 Views

While it’s unlikely that there will ever be a definitive answer behind the move, on Jan. 25, President Joe Biden voiced his willingness to lower the $1.9 trillion stimulus package. This might have reduced incentives for those buying BTC as an inflation protection or a hedge against U.S. dollar devaluation versus leading global currencies.

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Source: Cryptocurrency - investing.com

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2 key metrics suggest Bitcoin price won’t be pinned below $33K for long

Target teams up with Levi's for exclusive collection of home goods and more

Fed will need to reassure the market it's not thinking about dialing back its support

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