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The price of bitcoin continues to rise as investors opt for crypto assets in an effort to find shelter from the decline of the US dollar’s purchasing power.
The world’s most valuable cryptocurrency climbed 6% over the past 24 hours, trading at nearly $58,480 per token at 10:39 GMT.
Another daily surge has been reportedly evoked by the latest decision of the US Federal Reserve to keep interest rates close to zero at least through 2023. The move predictably caused deep concerns among crypto investors, bolstering the cryptocurrency’s appeal as a hedge against rising inflation.
The price of bitcoin has grown tenfold over the past year. Most analysts attribute the gains to higher attention to alternative assets, as stimulus measures adopted by the world’s biggest economy to fight the Covid-19 pandemic are weakening the greenback.
Moreover, digital currencies are now in growing demand from institutional investors, with a wide range of corporate giants and banking institutions making notable purchases of bitcoin and other cryptocurrencies.
The price of bitcoin continues to rise as investors opt for crypto assets in an effort to find shelter from the decline of the US dollar’s purchasing power. Read Full Article at RT.com Read More
(Natural News) Attorneys representing numerous plaintiffs in multiple lawsuits filed against Swiss chemical giant Syngenta have asked a U.S. judicial panel to consolidate all of them, which suggests there are many more on the way. At issue is the company’s weedkiller chemical paraquat, which was determined to cause Parkinson’s Disease. Plaintiffs say the noxious concoction… […]
In a brief clip of him speaking in Utica, MI, Tucker Carlson expresses his deep concern over widespread acceptance of dishonesty in public life, lamenting, “what’s true? The true things are the things that you can’t say.” The former Fox News man rages at the lack of penalties for public figures who lie or display incompetence; […]
Recently, Democrats have been despondent over President Joe Biden’s sinking poll numbers. His policies on the economy, energy, foreign policy, the border, and COVID-19 all have lost majority support. As a result, the Left now variously alleges that either in 2022, when they expect to lose the Congress, or in 2024, when they fear losing […]
