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Bitcoin (BTC) Indicators That Offer Light in a Gloomy Market

6 August 2024
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“The U.S. slowdown looks clearly underway, and the Fed, behind the curve, will need to cut more aggressively than previously expected. U.S. [Treasury] yields and the dollar are consequently repricing lower, which is hugely bullish for bitcoin. Further, with China ramping up stimulus and liquidity injections, combined with a weaker dollar, global liquidity conditions are set to accelerate,” the founders of newsletter service LondonCryptoClub said in Monday’s edition.

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  • bitcoinBitcoin (BTC) $ 113,980.00
  • ethereumEthereum (ETH) $ 4,351.66
  • xrpXRP (XRP) $ 2.99
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 893.36
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  • chainlinkChainlink (LINK) $ 23.60
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  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,692.94
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 113,905.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • suiSui (SUI) $ 3.61
  • avalanche-2Avalanche (AVAX) $ 29.12
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  • whitebitWhiteBIT Coin (WBT) $ 43.18
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