Crypto News Bulletin from bitcoinist

Tuesday July 14, 2020 5:34 AM
14 hours 10 minutes ago

A Weaker US Dollar Prediction Offsets Bitcoin Bearish Bias for Q3/2020

Bitcoin eyes a significant plunge entering further into the third quarter as S&P 500 stocks unveil a 45 percent drop in quarterly profits. The correlation between the cryptocurrency and the US benchmark index last week hit a record high. Nevertheless, both the risk-on markets may limit their downside move on a weakening US dollar outlook. Analysts have warned that the greenback could plunge in the coming months. Bitcoin’s short-term outlook for the third quarter is […]