Bitcoin (BTC) begins another week below $40,000 but with two major new landmarks under its belt.
After falling over continued FUD from China over the weekend, Bitcoin adoption has also seen an unexpected first — from El Salvador and Paraguay.
With the world potentially about to greet its first two “Bitcoin nations” in history, there’s plenty to be bullish about, but can BTC price action catch up?
Cointelegraph takes a look at five things which may change the status quo in BTC/USD over the coming days.
Higher interest rates “good” says Yellen
A cursory look at the wider macro climate delivers an interesting mixture for Bitcoin traders and hodlers.
Inflation is still the talk of the town in the United States, with Treasury Secretary Janet Yellen revealing that she would be in favor of higher rates.
Speaking to Bloomberg over the weekend, Yellen voiced support for President Joe Biden’s latest giant spending package, and argued that this should be given credence even if it