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Tag Archives: Winston Ma

Bitcoin Has Risen, and the Crypto Space Seems to Be Recovering

Cryptocurrencies have shot up over the past several days. Bitcoin, for example, has gone up past $43,000, while Ethereum has shot past $3,100. Dogecoin has also jumped by more than six percent and is trading for about 15 cents at the time of writing. Bitcoin Is Doing Better Bitcoin has been suffering throughout the new year, and while things are certainly up at press time, it’s likely going to be a while before they fully recover. Bitcoin initially rose to about $68,000...

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Why Has Bitcoin Dropped So Badly?

Crypto prices are falling heavily at press time, with bitcoin – the world’s number one digital currency by market cap – dipping into the low $46,000 range. Bitcoin Is Having an End-of-Year Crisis The slide in crypto prices began a couple weeks ago, with many analysts blaming the new surge in COVID cases for the dip amongst digital currencies. Since last week alone, bitcoin has fallen by more than three percent, while other competing altcoins such as Ethereum have fallen...

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Could Jerome Powell Affect the Crypto Market? Analysts Weigh In

Jerome Powell has been nominated to lead the Federal Reserve in 2022, and many analysts believe this could bear serious repercussions for the cryptocurrency space. Powell Might Not Be Great for Crypto, Analysts Claim While Powell is all set to lead the Federal Reserve, his counterpart vice chairwoman may be Lael Brainard. Both nominations will need to be confirmed by a majority vote in the Senate. Powell served as the Federal Reserve chair under President Donald Trump,...

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