US jobs data points to likely rate cut in December — Grayscale
Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher.
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Interest rate cuts, increases in the M2 money supply, structural deficits, and geopolitical tensions typically drive Bitcoin’s price higher.
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April’s halving and Donald Trump’s US election win.
According to the Atlantic Council, 134 countries are currently exploring CBDCs in different phases — including every G20 country.
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.
