Stocks boom, dollar gloom: 5 things to watch in Bitcoin this week
(BTC) begins a new week with stocks rising and the U.S. dollar falling — all while trading back above $16,000. What’s next for price action?
Cointelegraph takes a look at the factors which could shape how Bitcoin moves in the coming days.
U.S. dollar currency index 10-day chart. Source: TradingViewBitcoin weekly closes since all-time high. Source: TradingViewBitcoin 7-day average hash rate 2-month chart. Source: BlockchainCrypto Fear & Greed Index historical chart. Source: Alternative.me
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