According to a report by digital asset firm CoinShares, Bitcoin could see a surge of more than 65% from today’s price if it wins just a small slice of major monetary pools. At its current level just above $113,500, that jump would take BTC up to about $189,000. It’s a simple idea with big implications.…
View More Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts
Investors have expressed apprehension regarding the recent price fluctuations of Bitcoin, particularly in light of analysts’ predictions of a 20-25% decline in the global M2 money supply. At $92,864, bitcoin is down nearly 9% from its recent high of just under $100,000. That fall is part of a trend of profit-taking by long-term holders, who…
View More Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns