![Uncovering the Direction of the Indonesian Crypto Market After the](https://todaysgist.com/wp-content/uploads/2024/05/Uncovering-the-Direction-of-the-Indonesian-Crypto-Market-After-the.jpg)
![Uncovering the Direction of the Indonesian Crypto Market After the](https://todaysgist.com/wp-content/uploads/2024/05/Uncovering-the-Direction-of-the-Indonesian-Crypto-Market-After-the.jpg)
Bitcoin is predicted to reach USD 150,000 if Donald Trump wins the US presidential election
Follow Us @
Bitcoin is predicted to reach USD 150,000 if Donald Trump wins the US presidential election
The cryptocurrency with the largest market capitalization, Bitcoin (BTC) continues to experience heavy price declines, indicating a temporary pause in the bull market.
However, an analyst expressed concern that recent macroeconomic developments in the United States could hinder Bitcoin's movement to higher levels.
“Bitcoin is still strong, but macro factors are threatening,” said crypto trader and market observer, Chang in an interview, quoted from Coindesk, Monday (3/6/2024).
“Bond yields are very volatile because demand is weak compared to US Treasury issuance. If there is a negative impact on Bitcoin, it is most likely due to yields and the dollar index,” he explained.
US government bond yields rose, mainly due to the country's persistent debt concerns, a flood of bond supply, and a rise in Japanese government bond yields.
The benchmark 10-year Treasury bond yield has risen 24 basis points to 4.55% in two weeks, according to data from charting platform TradingView.
Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.
Bitcoin is predicted to reach USD 150,000 if Donald Trump wins the US presidential election
Follow TODAYSGIST on Google News and receive alerts for the main trending news on cryptocurrency, market trends, upcoming events, predictions, sanctions and lots more!
SHARE POST AND EARN REWARDS:
Did you like this post?!!! Join our Audience reward campaign and make money reading articles, shares, likes and comment >> Join reward Program
FIRST TIME REACTIONS:
Be the first to leave us a comment, down the comment section. click allow to follow this topic and get firsthand daily updates.
JOIN US ON OUR SOCIAL MEDIA: << FACEBOOK >> | << WHATSAPP >> | << TELEGRAM >> | << TWITTER >
#Bitcoin #predicted #reach #USD #Donald #Trump #wins #presidential #election
- usa today entertainment3 months ago
Angry Birds Mystery Island (TV series 2024) Download Mp4 ▷ Todaysgist
- usa today entertainment3 months ago
Tour de France Unchained (2023) (French) (TV series) Download Mp4 ▷ Todaysgist
- usa today entertainment3 months ago
Mayor of Kingstown (TV series 2021) Download Mp4 ▷ Todaysgist
- Trend tech & Telecoms3 months ago
4 Indonesian Free Fire Teams Ready to Compete in the 2024 Esports World Cup
- usa today entertainment3 months ago
Raising Voices (2024) (Spanish) (TV series) Download Mp4 ▷ Todaysgist
- usa today entertainment3 months ago
Worst Roommate Ever (TV series 2022) Download Mp4 ▷ Todaysgist
- usa today entertainment3 months ago
Shoresy (TV series) Download Mp4 ▷ Todaysgist
- usa today entertainment3 months ago
Hitler and the Nazis, evil on trial (TV series 2024) Download Mp4 ▷ Todaysgist