All articles tagged with #macro backdrop
Bitcoin approaches a new all-time high near $123,000, and Ether is close to its 2021 peak at $4,865, amid a broad crypto rally supported by favorable macroeconomic conditions and rising risk appetite in markets.
Bitcoin and other cryptocurrencies are rallying, with Bitcoin rising 6% in the past 24 hours to near $26,175, spurring calls of a new bull market amid a macroeconomic backdrop that could favor cryptos over stocks. Bitcoin has risen well over 50% this year, returning to levels seen earlier this week and the highest point since the crypto crash last June.