Bitcoin climbs to new heights

But now Bitcoin has broken out of this tight trading range and the hope that the cryptocurrency will regain the momentum from the beginning of the year, because the macroeconomic conditions are right. In addition to the prospect of loose regulation, the continuing billion dollars in Bitcoin ETFs as a spa driver also show. An interest reduction of the Fed in autumn is also indicated. In addition, the weak dollar ensures that the central banks increase the money supply. A higher amount of money has long been correlated with a positive development in Bitcoin. Although profit from this new heights are possible at any time, the continued strong demand from institutional and private investors should continue to go Bitcoin high altitude and the latest record brand should not be the last.