0
0
The market is hot again, but the rally has a lot of people questioning whether this is the final uptrend or just another false one.
Bitcoin has been on a downtrend since the beginning of the year, but it is finally pushing for $50K! Is this the end of the downtrend? Read more in detail here: bitcoin bull run chart.
Join Cointelegraph host and analyst Benton Yaun, as well as resident market specialists Jordan Finneseth and Marcel Pechman, as they dissect this week’s market headlines. Here’s what to look forward to in this week’s market news:
- Following word that the Federal Reserve will increase interest rates and reduce its bond-buying program, the price of Bitcoin (BTC) surged to $49,000. What was the effect of this news on Bitcoin?
- On Dec. 8, top executives from six prominent crypto businesses testified before the Financial Services Committee of the United States House of Representatives at a special hearing on digital assets. Has crypto now reached the point where it is ready to do business with the government, given Washington’s mainly favorable response?
- A tweet from Tesla CEO Elon Musk led the price of Dogecoin (DOGE) to rise by 25% once again. Will DOGE be the only cryptocurrency that can be used to purchase Tesla merchandise?
The presenters talk with special guest Sam Bourgi, business editor at Cointelegraph, about the current state of the markets, inflation rates, nonfungible tokens (NFTs), and if we should all be ready for the metaverse boom after the market news update.
The Cointelegraph experts select two altcoins that shone out this week using information from Cointelegraph Markets Pro, a tool for crypto traders who want to keep one step ahead of the market. They are FLUX and Helium’s HNT.
Finally, market researcher Pechman of Cointelegraph outlines how to evaluate smart contract systems.
Have a question regarding a coin or a subject that isn’t addressed here? Don’t be concerned! Join the YouTube discussion forum and ask your questions there. A free month of Cointelegraph Markets Pro, valued at $100, will be granted to the individual who makes the most fascinating remark or question.
Every Thursday at 12 p.m. ET, “The Market Report” broadcasts live, so make sure to go over to the Cointelegraph YouTube channel and hit the like and subscribe buttons for all of our future videos and updates.
Watch This Video-
The “bitcoin september performance” is a topic that has been trending on the internet. Many people are wondering if the downtrend is finally over. The bitcoin September price has come out to be $50K.
Related Tags
- bitcoin back to $50k
- crypto bull run september
- bitcoin 2021 bull run
- is bitcoin bull run over
- top 5 cryptocurrency to watch this week
