Based on What Does the Bitcoin Price Go Up and Down? When Will It Rise? Analyst Reveals His Expectation

CoinShares Research Manager James Butterfill shared the important factor affecting the Bitcoin price in his statement.

The direction of Bitcoin price is once again in the hands of the Federal Reserve, according to a new analysis. This comes after excitement around Bitcoin ETFs faded.

Bitcoin's price movements are being driven by broader conversations about interest rates, CoinShares, a European digital asset manager, said in a report published today.

Source - Bicoin Sistemi

Read more.