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Cryptocurrency News Video
Major factors affecting Bitcoin prices apart from Halving, every trader should know!
Apr 23, 2024 at 04:03 am Suncrypto
In this video, we delve into the factors influencing bitcoin's price in 2024 beyond the halving event.
First up, we discuss the impact of the upcoming USA presedential elections, where cryptocurrencies are gaining political significance.
A recent Grayscale survey sheds light on how voters view inflation and its relation to Bitcoin during the election period.
Next, we explore the influence of tax deadlines, particularly in the US, and how they can prompt Bitcoin holders to sell off assets, affecting prices.
Lastly, we analyze the role of the Federal Reserve System and its monetary policies in shaping Bitcoin's market dynamics.
Tune in to understand how these factors could affect Bitcoin's price trajectory in 2024.
If you found this video insightful, don't forget to like, share, and subscribe for more informative content on cryptocurrency investing. Until next time, keep investing and invest wisely!
👉🏻 Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur. We recommend you please do your own research or consult an expert before making any investment decision. You may write to us at help@suncrypto.in
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