Bitcoin News

A well-known cryptocurrency analyst believes Bitcoin (BTC) is currently showing similarities to the historic surge experienced by the Japanese stock market nearly 40 years ago.

Over two years have elapsed since the dramatic collapse of Terra-UST, which significantly impacted the Bitcoin and broader cryptocurrency markets.

Bank of Japan (BOJ) Governor Kazuo Ueda has signaled that the central bank could implement further interest rate hikes if the economic outlook aligns with expectations.

September could prove to be an important month for the cryptocurrency market as major events such as the presidential debates and Federal Reserve decisions loom on the horizon.

Arthur Hayes, co-founder and former CEO of BitMEX, recently shared his perspective on why the upcoming interest rate cut by the US Federal Reserve may have a limited impact on the price of Bitcoin (BTC).

Typically, Bitcoin dominance rises during bearish phases, holds steady as markets transition to bullish trends, and then declines sharply when bullish conditions are established.

Mark Yusko, a veteran hedge fund manager, believes that the introduction of Bitcoin exchange-traded funds (ETFs) has granted Wall Street a degree of control over Bitcoin’s price dynamics.