What could trigger significant rise of Bitcoin price? Let's find out what has Geco.one COO said
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Bitcoin has given back some of its spectacular gains - is it just a correction?
According to some sources, the entire BTC move from $17,000 to $21k was made by someone on Binance who was aggressively buying Bitcoin for BUSD. Other exchanges started buying about 19.5 thousand. USDT + USD already at FOMO The green colour also includes all exchanges, including Binance for USDT, yellow - BUSD only.
Apart from some altcoins, most of the cryptocurrencies weaken at the beginning of the week, are you of the opinion decreases are, in a way related to an action-packed macroeconomic calendar?
It's very hard to assess at this point, but one thing is certain, whenever BTC goes UP or DOWN, most of the altcoins follow.
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A macroeconomic calendar in the cryptocurrency market refers to a schedule of events, such as central bank meetings, economic data releases, and government policy announcements, that have the potential to impact the value of cryptocurrencies significantly. These events can include interest rate decisions, GDP reports, and inflation data. Investors and traders often pay close attention to these events as they can provide insight into the economy's overall health and directly or indirectly impact the value of cryptocurrencies.
