Bitcoin rallies 80% this year, can it keep going? – Crypto News
Posted on August 9, 2023 at 11:40 am GMTThe world’s oldest cryptocurrency has risen by almost 80% this year, boosted by the Fed’s liquidity injections to deal with the banking crisis, and hopes that US regulators will soon approve an ETF that tracks spot Bitcoin prices. That could be a huge event for crypto markets, although there are also risks, as liquidity conditions seem to be tightening. Riding the liquidity wave It’s been a great year for crypto assets so far. While crypto prices are still far below [..]