Bitcoin price rise: a look at possible causes
Briefly

Increased trader activity has persisted, possibly fueled by spot Bitcoin ETF inflows. Uncertainty looms on whether this trend will continue post the upcoming halving event on April 19.
Investor expectations regarding the economy and cost of capital are crucial factors influencing Bitcoin's growth. Favorable liquidity environments and monetary policies tend to benefit scarce assets like Bitcoin, especially during inflationary periods.
JPMorgan Chase CEO Jamie Dimon warns of stickier inflation and higher rates due to the resilient U.S. economy. This has led investors to seek hedges like gold ETFs amid concerns over U.S. fiscal debt and considerable government spending.
Read at ReadWrite
[
add
]
[
|
|
]