No Bitcoin (BTC) Bull Run in 2022: Predicts Dan Nathan, Heres What Next For BTC Price - Coinpedia - Fintech & Cryptocurreny News Media
Bitcoin2022 में कोई बिटकॉइन (बीटीसी) बुल रन नहीं: डैन नाथन की भविष्यवाणी करता है, यहां बीटीसी मूल्य के लिए आगे क्या है - कॉइनपीडिया - फिनटेक और क्रिप्टोक्यूरेंसी समाचार मीडिया09 / 08 / 2022बिटकॉइन एथेरियम समाचार The summer of 2022 has been terrible for the cryptocurrency market. In August, Bitcoin became the worst-performing asset, despite several speculations and hopes for the asset to recover soon enough. During CNBC‘s Fast Money प्रकरण, Dan Nathan, principal of RiskReversal Advisors, said that it is going to take a pivot by the U.S. Federal Reserve for Bitcoin to start another rally- something that isn’t likely to happen this year. Earlier this week, the Wall Street Journal reported that the Fed was on track to offer another 75-basis point interest rate hike. In his hawkish Jackson Hole speech delivered in late August, Fed Chair Jerome Powell clarified that the central bank would not pivot away from an intense tightening. The Fed has been escalating interest rates at the fastest pace since the 1980s in order to deal with the high inflation. Nathan also noted that the Bitcoin dominance level is at its lowest level, which isnt making the situation any better. He also says that Bitcoin has been trading like an