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Here's Why Bitcoin's Best Days May Still Be Ahead
Yahoo Financeยท 2025-09-10 09:00
Group 1 - Bitcoin's price movements are influenced by three main factors: global liquidity, the strength of the dollar, and U.S. Treasury yields [1][2][8] - Global liquidity has increased, with cross-border bank credit expanding by approximately $1.5 trillion in Q1 2025, reaching nearly $34.7 trillion, indicating a more favorable environment for riskier assets like Bitcoin [5] - The U.S. dollar index (DXY) has weakened, which typically benefits dollar-quoted assets, as markets anticipate easier monetary policy from the Federal Reserve [6] Group 2 - Falling U.S. Treasury yields make safe investments less attractive, prompting a shift towards riskier assets, which supports Bitcoin's price [7] - Current trends suggest that Bitcoin's best days may be ahead, with potential positive effects on other major cryptocurrencies like XRP and Ethereum [2][8]