Fed, oil and record hash rate: 5 things to know in Bitcoin this week

Fed, oil and record hash rate: 5 things to know in Bitcoin this week

Gate Trade News Monday, September 14, 2020 18 0

BP says world oil demand peaked in 2019 as central banks make “unconventional” policy the norm and that’s all good for Bitcoin.

 

Bitcoin (BTC) starts a new week in uncertain territory as $10,000 stays in place but fundamentals shift to bullish.

 

Cointelegraph highlights five things that could shape BTC price action in the coming days.

 

In what will likely become a frequently-quoted announcement, oil giant BP said this weekend that the world has hit peak demand for the black gold.