Bitcoin is rallying due to interest rate forecasts, says Coinjournal’s Dan Ashmore

Key takeaways Bitcoin is trading above the $28k level for the first time since June 2022. Coinjournal’s Dan Ashmore believes that the interest rate forecasts are responsible for the ongoing rally by Bitcoin and other cryptocurrencies. Many in the market still consider the recent banking crisis as the reason why investors are entering the crypto […]

Crypto markets rallying but damage remains severe

Key Takeaways Bitcoin is up close to 50% from its lows, but is still down over two-thirds from all-time highs Some on-chain metrics show how much the rally pales in comparison to the prior fall  Positive news from the industry remains few and far between, as market prepares for latest interest rate policy, to be […]