Bitcoin Soars to New All-Time High Above $69K

“The strong performance of risk assets overall, like crypto, equities, credit, tell us that financing conditions have probably loosened, especially since November last year and the peak in rates,” Barthere wrote. “Investors are also really sanguine about macro prospects (recession no longer consensus), and the risk premium linked to uncertainty about a potential growth shock has come down.”

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• Source: https://www.coindesk.com/markets/2024/03/05/bitcoin-soars-to-new-all-time-high-above-69k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines