NewsBitcoin Surges Back Above $10,000 As Fed Rate-Cut Looms

Bitcoin Surges Back Above $10,000 As Fed Rate-Cut Looms

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A weaker dollar (perhaps) and even more negative-yielding global debt are perhaps the two catalysts for the latest rebound in cryptos as Bitcoin bounces back above $10,000 after the weekend’s plunge.

Bitcoin Surges Back Above ,000 As Fed Rate-Cut Looms

With Bitcoin cash leading the rebound and Ethereum retracing its losses for the week…

Bitcoin Surges Back Above ,000 As Fed Rate-Cut Looms

And as The Fed kicks off the global rate-cut bonanza, so we suspect Bitcoin will re-engage with the global volume of negative-yielding debt…

Bitcoin Surges Back Above ,000 As Fed Rate-Cut Looms

As Bitcoin offers, like gold, a hedge against the idiocy of policymakers.

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