Wall Street prompted the Etf Craze for Bitcoin, followed by President Donald Trump’s historic initiatives for the web 3 and re -elected with a mandate in November, its price to its highest levels ever.
BTC Q4 entered last year at $ 60,800 and by January 20, it rose to a record of more than $ 109,000. But shortly after, the original began a sharp correction to $ 85,000 to start Q2.
Bitcoin price declined in the first quarter
Merchants who bought at the price of October 1 last year increased by 79 % on the day of Trump’s inauguration. If they are detained during March 31, they will reach 40 %.
According to most historical standards, this growth is very fast for the dollar of the ordinary American individual investor. Some may say that it is very fast and very risky, indicating the volatility of the bitcoin markets, with exciting price fluctuations in both directions.
But it is interesting that the price of Bitcoin is not the only global economic standard that follows a significantly upscale swing during 2024 with a sharp correction that begins in the first quarter of this year.
American stocks at the S& P 500 normative and NASDAQ boat planned exactly the same style. BTC PEARSON has remained for 30 days of American stocks positive since last August.
Moreover, Bitco/Stocks is accelerated in financial melting in the fourth quarter and again while correcting the cycle in the Q1. Therefore, these trends referred to the total forces in the economy for these price movements.
Bitcoin price and orange prices are closed in a strange connection
Why orange juice is very expensive https://t.co/mf1wqn6lxi
CNBC (CNBC) April 3, 2025
Here is the place where it becomes more interesting.
It also followed the Bitcoin Assembly in 2024, followed the Bull Run in Q4, and the correction in Q1 is the same path through the exchange markets that global orange prices follow over the same time periods.
Although the average global price of the patch was $ 3.21 in January 2024, by last December, it rose sharply to $ 5.09. But by last month, it decreased to $ 2.71, according to International IMF data in the Federal Reserve.
It is more economic data on the theory that the growth of BTC prices is often a job in the expansion of the dollar on GDP. The high prices of consumers are the same as the high prices of bitcoin in the same tide and dollar.
It is strange that this relationship between the Bitcoin and the dollar has continued a continuous trend since the Crossed currency markets 2023 and 2020.
Binance Free $ 600 (Full Details).
Limited offer for Cryptopotato readers in Bybit: Use this link to register and open a $ 500 free site on any coin!
