Зашто ће цена биткоина, количине ускоро порасти

After a long and stagnant spell in recent times, the crypto community is desperately awaiting a strong Bitcoin price rise. In this context of a медвед тржиште, industry insiders are pointing to a rise in investment flow into Bitcoin (BTC) very soon. With this, there could potentially be a resultant BTC price rise, perhaps sometime in 2023 if not by the end of the year. Meanwhile, BTC continues to be swayed by negative sentiments coming from the traditional financial markets scene.

Bitcoin Price Rise Incoming

In a latest, BTC had a sharp fall in price following reports of yet another 0.75% interest rate hike in November Fed meet. Earlier in the day, it was reported that Фед is planning on another interest rate rise at their meeting between November 1 and 2. In this context, Кристин Смитх, the executive director of Blockchain Association, made some interesting comments on BTC revival. Speaking to CNBC on Friday, she said there will be a rise in investments and the price of BTC due to macroeconomic revival.

“As we start to see the economy come around, we are going to see the investment in Bitcoin rise and subsequently the price. We could see legislation signed into law before the end of the year.”

On Friday, BTC saw a drop by around 2% after speculation of another 0.75% interest rate hike in November. As of writing, BTC price stands at $19,011, down 1.43% in the last 24 hours, according to price tracking platfrom ЦоинМаркетЦап.

Crypto Legislation To Be A Law Soon?

Kristin Smith said the Congress is actively working on signing the crypto legislation into a law. She added that the legislation could be signed into a law before the end of the year. “The Congress is actively working on legislation that would provide additional regulation for the underlying digital commodity spot market. This actually has a real chance of becoming a law before the end of the year.”

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