Conversions out of These Assets Lifting Bitcoin
April 18, 2023 at 09:35 AM EDT
A variety of factors are propelling bitcoin this year, helping the largest cryptocurrency to a stellar year-to-date and a move about the psychologically important $30,000. Among those catalysts is a spate of conversions of stablecoins into bitcoin. As the term implies, a stablecoin is a digital currency designed to offer investors price stability. That stability [...] The post Conversions out of These Assets Lifting Bitcoin appeared first on ETF Trends .