Bitcoins valor

Indeed, suppose the $9,000 position is a crucial foundation for Bitcoin to rally; investors will likely need to brace for more pain in the coming weeks. Notably, Bitcoin had attempted to rally in the wake of the positive macroeconomic factors. However, the asset failed to hold the gains.; The currency has lost almost half its value since its November high of $68,990 due to geopolitical tensions, the prospect of interest rate hikes by the US Federal Reserve and curbs by some major economies on digital assets. Edward useful content Moya, a senior market analyst of the Americas at Oanda, said in a note to clients Thursday that "many crypto investors have been humbled by the last crash." Bitcoin. "Frequently Asked Questions," Select "Economy: How are bitcoins created?"