3 Key Factors Other Than the Halving That Will Drive Bitcoin Higher Until the Cows Come Home [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
Many people expect that this will drive the cryptocurrency's price upward, as supply growth slows. But the halving isn't the only factor potentially lifting Bitcoin prices over time. Here are three other elements you may not have considered that strengthen the bull case for investing. 1. Fears about inflation Everyone's acquainted with inflation by now. The precise figures don't even matter much: Prices are higher, and dollars simply don't go as far as they used to. The expectation that this will continue is real, at least for the moment. Just look at this chart: The psychological shock of inflation during the past few years will doubtlessly continue to change investing and spending habits. Investors and households allocating more capital to stable assets that can retain their value is a given. But traditional safe haven assets like real estate are extraordinarily expensive relative to incomes at the moment due to the Federal Reserve 's policy of using higher interest rates
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- Coinbase knocked Q1 earnings out of the park—now comes the hard part [Yahoo! Finance]Yahoo! Finance
- Coinbase's Haas Says ‘Just Another Day in Crypto' After Stock Decline [BNN Bloomberg (Canada)]BNN Bloomberg
- Coinbase Falls Despite Q1 Earnings Beat: ETFs in Focus [Yahoo! Finance]Yahoo! Finance
- Bitcoin's Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says [Yahoo! Finance]Yahoo! Finance
- Martin Shkreli Gets Scammed in Crypto Venture by Old Prison Friend, 'Don't Start Crypto Ventures With People You Meet in Prison [Yahoo! Finance]Yahoo! Finance
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