Reported 2 days ago
Bitcoin is nearing a 'golden cross' on its price chart, suggesting a potential bullish trend as concerns about the sustainability of U.S. debt increase. Following a past instance that led to a significant price surge, the current setup may indicate the start of a new upward movement. Meanwhile, Moody's has downgraded the U.S. credit rating due to mounting national debt, further driving market speculation on Bitcoin's performance in a fiscal climate of uncertainty.
Source: YAHOO