By Bitcoin Magazin - 1 éve - Olvasási idő: 3 perc
Bitcoin Újra 30,000 8 dollár alá a rekord XNUMX hét in The Red után
Bitcoin decoupled from equity markets to the downside on Monday after ending last week as the eighth consecutive weekly loss.
Bitcoin has failed to hold the $30,000 level on Monday after scoring its eighth consecutive week in the red for the first time ever.
During these eight weeks, which began in late March and ended on Sunday, bitcoin has lost over 35% of its U.S. dollar value according to TradingView adat. A veszteségsorozat kezdete előtt a BTC 46,800 XNUMX dollár körül forgott.
Bitcoin has scored losses for eight consecutive weeks for the first time in its history and it is starting the ninth with yet another red candle. Image source: TradingView.Bitcoin is changing hands slightly below $30,000 at the time of writing. The peer-to-peer currency climbed as high as $30,600 earlier on Monday to trade at around $29,400 as the trading in equity markets nears its end in New York.
Míg bitcoin turns south, major U.S. stock indices have been in the green. The Nasdaq, which is said to be highly correlated with bitcoin, decoupled from the digital money along with the S&P 500 to denote modest gains near market close on Monday, per TradingView data.
Míg bitcoin, Nasdaq and S&P 500 were trading in tandem for some time on Monday, the P2P currency saw a sharp sell-off decouple it from the two indices and take it to a more than 3% loss for the day. Image source: TradingView.A Tough Year For Bitcoin
Despite making two new all-time highs in 2021, bitcoin already erased nearly all of those gains in 2022.
Bitcoin’s choppy trading year so far can be partly attributed to a broader sentiment of economic uncertainty as the Federal Reserve tightens the U.S. economy, withdrawing liquidity from the market after almost two years of quantitative easing.
A jegybank idén már kétszer emelte alapkamatait, az utolsó az előző nagyságrendjének duplája volt, és az elmúlt két évtized legnagyobb emelését jelentette: míg a Fed emelte a kamatot. márciusban 0.25 százalékkal, ez emelte fel őket által 0.50% Korábban, ebben a hónapban.
Képforrás: Federal Reserve Economic Data (FRED).Amikor a Fed a Szövetségi Nyíltpiaci Bizottságán (FOMC) keresztül emeli vagy csökkenti a kamatlábakat, hogy valójában mit csinál beállítja a céltartomány. A fenti grafikon az adott céltartomány alsó és felső határát piros, illetve kék színnel ábrázolja.
Az amerikai jegybankrendszer ugyan kitűzi a célt, de nem kötelezheti a kereskedelmi bankokat arra, hogy ezt alkalmazzák – inkább ajánlásként szolgál. Ezért azt, amit a bankok egy éjszakán át kölcsönöznek és többlet készpénzt vesznek fel, az úgynevezett hatékony mérték. Ezt mutatja a zöld vonal a fenti grafikonon.
A Fed korábban 2016 és 2019 között folyamatosan emelte a kamatlábakat, mígnem a nulla közelébe süllyesztette a COVID-19 világjárvány kitörését követően, amint az a grafikonon látható.
Bitcoin’s higher sensitivity to liquidity and therefore interest rates can be explained by a greater participation of institutional investors in the market, whose allocations are based on the availability of capital and broader economic conditions, Morgan Stanley állítólag azt mondta.
Ezért, míg Bitcoin was able to sustain a bull market in the midst of the Fed increasing interest rates in 2017, raising nearly 2,000% from January to December that year, the odds aren’t on the side of the bulls this year.
For two weeks, bitcoin has now closed below a level of weekly support it formed over a year ago and had respected since, indicating it might be turning into a zone of resistance. Image source: TradingView.Eredeti forrás: Bitcoin Magazin