Categories: Bitcoin Latest News

Bitcoin Isn’t Trading as a Currency, but as a Speculative Asset: Morgan Stanley

The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says

Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick said Ethereum could climb to…

9 minutes ago

The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining

Bitcoin’s market sentiment has crashed by a large margin since hitting a new all-time high…

1 hour ago

The Bitcoin market remains boring. Investors chasing yields may be partly to blame

Yield hungry investors seem to have influenced market flows such that they limit price swings.Read…

2 hours ago

Bitcoin recovers to $67,400 after dipping below $65,200 as Houthis enter Iran war

The conflict's fifth week brought its widest expansion yet, with Iran-backed forces opening a new…

3 hours ago

Bitcoin Price Stalls Under $68,800, Resistance Caps Upside Again

Bitcoin price failed to stay above $68,800 and declined further. BTC is now consolidating below…

6 hours ago

Strategy may have paused bitcoin accumulation last week, ending a thirteen week buying streak

The company seemed to have skipped it's weekly bitcoin purchase announcement for the first time…

14 hours ago