The previous week didn’t bring any major changes to the crypto market. As expected, bitcoin market is flat for now. The main reason for the market being flat is the general uncertainty due to the circumstances in Ukraine. In addition, it is because of the vagueness about the U.S. Federal Reserve’s monetary policy has also increased. Since cryptocurrency is a risky asset, investors get rid of it during such events. However, there is another side: sanctions and the surge of the dollar against the ruble, prompt people to take note of digital assets. Let us analyze what awaits the cryptocurrency market in the coming week in our usual BTCUSD exchange rate forecast.
Continue reading “BTCUSD exchange rate forecast on February 28 — March 6, 2022”