Compass Investments

Crypto vs. Dollar

📌 The rise in bitcoin’s value to 73 thousand dollars is due to the activity of investors from the United States, the expert believes.

The analyst posted the following message in X: If you look at the chart, this correlation is striking: at times when the indicator was in the plus zone, bitcoin showed growth from 41 thousand to 126 thousand, while wh. Bitcoin

– The analyst posted the following message in X: If you look at the chart, this correlation is striking: at times when the indicator was in the plus zone, bitcoin showed growth from 41 thousand to 126 thousand, while wh

en it went into the negative zone there was a decline from 126 thousand to the level of 60 thousand. Kesmeci emphasized that this pattern is also visible in the recent price moves: “The weakening of the negative impact

in the Coinbase Premium Index triggered the rise in bitcoin value that we have seen. After the index consolidated in positive territory over the past few days, the BTC exchange rate followed suit, surpassing the $73,000 mark.

analyst provided additional information indicating that the Coinbase Premium Bitcoin Index is in the “green zone” on an hourly basis. “We can confidently say based on the data that it is the optimism of U.S. investors (especially the big players) that is the engine that drove bitcoin out of the 66K to 73K range, Kesmeci summarized in a subsequent post.

Bitcoin

Bitcoin

$62,900.81

BTC -0.32%

Ethereum

Ethereum

$1,674.70

ETH 0.87%

Binance Coin

Binance Coin

$602.54

BNB 1.26%

XRP

XRP

$1.17

XRP 2.48%

Dogecoin

Dogecoin

$0.09

DOGE 0.96%

Cardano

Cardano

$0.17

ADA 3.37%

Solana

Solana

$66.55

SOL 1.48%