soared past $15,500 this week, hitting its highest level since January 2018, fueled by a cocktail of a weak dollar and acute uncertainty over the US political and economic outlook.
If it is harder for the Democrats to push larger stimulus bills for households and businesses past a majority of Republican lawmakers in the Senate, it could fall to the Federal Reserve to take more action to support the economy, which would depress the value of the dollar and keep interest rates low - making it cheaper for anyone looking to borrow money that they want to invest.The chief strategist at JPMorgan's $2.
Noble, who believes the digital token will be necessary to help people pay bills, said the rally is going to spill over, not just into other cryptocurrencies, but other asset classes too."Bitcoin will be the tide that lifts all boats. That could include stocks," he said. Rival coins such as Ethereum and Ripple have gained sharply too.
nice
Was he saying that before the price crashed a year ago?