20.10.2024 11:45:00

Should You Buy Bitcoin While It's Less Than $70,000?

Bitcoin (CRYPTO: BTC) has been trading sideways for much of the past several months. It did rise 48% through the first two months of 2024 and hit a fresh all-time high in March. But it has had trouble breaking out to start the new bull run that its supporters are waiting for.Should you buy the world's top cryptocurrency while it trades for less than $70,000? Here are three reasons I believe that's a smart idea.Investors don't have to look far to find reasons to be optimistic about Bitcoin, at least in the short term. The Federal Reserve just cut rates for the first time in 4 1/2 years, which could be the start of a more accommodative monetary policy. Lower interest rates generally benefit risky assets, as they incentivize investors to move money from safer assets into those that may earn higher returns. Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Devisenkurse

Name Kurs +/- %
Dollarkurs
1,0791
-0,0002
-0,01
Japanischer Yen
159,67
-1,0000
-0,62
Britische Pfund
0,8377
0,0005
0,05
Schweizer Franken
0,9534
-0,0076
-0,79
Hongkong-Dollar
8,3866
-0,0007
-0,01