Tag: Potential

From Crypto Craze To Currency King: Bitcoin’s Potential To Replace The Dollar As The Global Reserve

From Crypto Craze To Currency King: Bitcoin’s Potential To Replace The Dollar As The Global Reserve

Bitcoin is often pitched as a possible contender to become the next global reserve currency. However, it faces many hurdles, none more significant than the current reigning king: the almighty United States dollar. The concept of a global reserve currency is essential for international trade, Read More

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

After regaining its bullish momentum, the market’s biggest cryptocurrency Bitcoin (BTC) briefly broke above its key resistance level of $28,700. However, the cryptocurrency pulled back and traded back within its range formed last week between $27,600 and $28,500. Despite this choppy price action, a recent Read More