$135B Injection from European Central Bank Dwarfs BTC Market Cap
"Following similar efforts from the U.S., the ECB plans to inject $25 billion more than Bitcoin’s entire market cap into finance"
Read more: cointelegraph.com
More news sources
Peter Schiff: 'Bitcoin Not Being the Worst Performing Asset of the Decade'
Gold bug Peter Schiff has tweeted out that bitcoin hodlers can “take comfort” that BTC isn’t the worst performing asset of the decade so far, as oil is failing behind the flagship cryptocurrency.
Read more: www.cryptoglobe.com
BitMEX CEO Explains How Central Banks Could Propel Bitcoin to $20K by Year End
On Thursday (March 12), Arthur Hayes, Co-Founder and CEO of crypto derivatives exchange BitMEX explained actions by the world's central banks, in the wake of the COVID-19 pandemic, could propel the Bitcoin price to $20,000 by the end of 2020.
Read more: www.cryptoglobe.com
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. P...
Read more: news.bitcoin.com
Why Bitcoin Is Falling Despite Claims That It Was a ‘Safe Haven’ Asset
On Thursday (March 12), the price of Bitcoin dropped below $6K for the first since 8 May 2019. This article discusses some of the reasons for today's flash crash in the crypto markets.
Read more: www.cryptoglobe.com
Other hot crypto news today
- BREAKING: Bitcoin Crashes 17% in 1 Hour Below $6K in Coronavirus Panic
- Bitcoin Hits 10-Month Low Below $6K Alongside Stock Markets Plunge
- Bitcoin Can Hit $6K Then Rise to $20K in 2020 Crisis, Says BitMEX CEO
- Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety
- Bitcoin Tackles $6K After 20% Crash as Stocks Rival 1987 Apocalypse
- Bitcoin’s Crash Triggers Over $700M in Liquidations on BitMEX
- Bitcoin Price Slips Below $7.4K to 2020 Lows After Trump Europe Ban
- Coronavirus Is a Catalyst for Work-From-Home Tech
- 6 Good Reasons for Bitcoin HODLers to Stay Calm
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