Crypto Weekly: 3/11/2021

Mar 11, 2021 • 5 Min Read

Crypto markets are rebounding from last week’s rate rise tantrum

Bitcoin and crypto have rallied over the last several days after crypto and the broader markets have started to shake off rising rate fears.

Easing investor concerns, the quick move upward in the 10 year has slowed, but what could interest rates tell us about the possible direction of Bitcoin prices? First let’s revisit what’s recently happened:

The COVID pandemic took interest rates to unprecedented lows during 2020 and we’re now recovering off that lower bound.Over that time, Bitcoin has rallied ~18x to $55k from the $3k l...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In