Crypto News

Why is Bitcoin today?

Bitcoin’s Bitcoin’s Rise Next Gamestop’s Tuesday Bitcoin Straiznica Straiznika is marked only shy levels of $ 89,000 and are now forehead that Wednesday are happy on Wednesday.

Just after noon on the east coast, Bitcoin pulled about 3% from overnight to $ 86,500. The wide market of the CRIPTO Benchmark COINDESK 20 index was 1.9% lower through the last 24 hours, with ether (ETOM), Solan (SOL) and AEAV decreases about 3% -4% in the same period.

The price of prices occurred with American risky means showing weakness. The S & P500 and NASDAK indices were reduced by 0.8% and 1.6%, ie deleting most of its winnings from opening on Monday.

Fresh concerns about the American debt ceilings may have been covered in markets. The Congress budget office today issued a warning that the federal government can run out of money as soon as August if legislators do not raise the border of debt. American tariffs, ready to take effect on April 2, it could also be heavier on the Nece investor.

“Uncertainty around the American Trade Policy and the wider political landscape remains in front of the mind,” Analysts at Hedge Fund KCP in Telegram broadcast. “The market still lacks clarity at the scope, time and size of these potential actions. Until then, we expect more side volatility.”

Is Gamestop buying Bitcoin even Bullish?

Meanwhile, battle bulls once again left the head scratch because the price does not respond positively on the news of another deep pocket shop, it plans to invest in the world’s biggest crypto.

“Zombie companies like gamestop” pulling with the furnace “as a prison exit, would be a clear dressing signal” said James CheckFirst a year ago and then again on Tuesday night after GME announcement.

He reminded that he said that it was similar to public traders when those companies combustion companies decided to Snote Bitcoin beyond what they provided their mining activity.

“Three months ago I could not make a case where the surplus was selling this cycle that we saw the bear market … I doubt in a few months, I will be able to become once more.”



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2025-03-26 19:19:00

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