Bitcoin volatility spikes amid record ETF inflows, analysts say bull market is just getting started

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Volatility spiked in the crypto market on Friday as Bitcoin briefly fell below $66,000 only to reverse course and spike back above $70,000 as the day progressed.As Bitcoin’s price soars to new highs, macro analysts say non-stop fiat printing and growing debts are the real sources behind its rise, and it won’t stop until governments change course.

- Manufacturing activity in the New York region collapsed this month, according to the latest figures published by the New York Federal Reserve.Startling tech unlocks copper from mine waste - Jetti Resources gets backing from BMW, Teck - Seventy percent of the world’s remaining copper resources are trapped in low-grade primary sulfide deposits. Being able to release that copper at a low cost, and with minimal capital expenditures is a big deal for the mining industry, says Mike Outwin, co-founder and CEO of privately held Jetti Resources.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines