Already on Wednesday and Thursday there were numbers from the USA that were bearish with the CPI and PPI data. This was accompanied by “hawkish” statements from Fed members. On Friday, the first premonitions of a further flare-up of the Middle East conflict emerged, which became an unpleasant certainty on Saturday evening with Iran’s shelling of Israel. The crypto market and especially the altcoins reacted with a significant crash. But how sustainable can such a political earthquake be? BTC-ECHO market expert Stefan Lübeck and moderator Peter Büscher analyze, on the one hand, major crises and their effects on the S&P500 and, on the other hand, more recent conflicts and their influence on the Bitcoin price.
Bullish hopes from Hong Kong ETFs?
Now it’s official: China’s Hong Kong Special Administrative Region has approved spot ETFs not only for Bitcoin, but also for Ethereum. We look at when trading can start for which investors and what weight these ETFs could develop in international contact.
At the end, as always, you will receive all the important dates of this week as well as the currently relevant price targets for Bitcoin on the top and bottom.