Bitcoin’s March rally may be petering out. Here's where investors see it going from here

The largest cryptocurrency by market cap ended the week higher by 3.9% at $27,887, according to Coin Metrics, despite a brief dip following the Federal Reserve meeting. Coin Metrics measures a week in crypto, which trades 24 hours a day, from the stock market close one Friday to the next. Bitcoin has gained 19% in March so far. Ether , meanwhile, ended Friday at $1,764. On a weekly basis it finished up 1.25%, and gained 8.3% for the month.

Its correlation with stocks is "crumbling," while its correlation with gold is on the rise, Citi said. Bitcoin is "an asset that literally serves the purpose of not needing a bank," said Joe Orsini, macro strategist and author of the "Signal vs. Noise" newsletter. "Fiscal and monetary policymakers were also so quick to backstop the situation and provide confidence, showing growing willingness to spend, a core tenet of bitcoin's investment thesis.

USD has become a laughing stock, sad the only thing propping it up anymore is the legacy media

Cnbc hates crypto they will say and do anything to bring it down. It’s against there agenda

Monopoly Money is backed by a stronger Corporate Entity.. 🍀

CNBC's ratings may be petering out. Here's where media experts see it going from here.

Bullish! 🤣🤣🤣

Who says rhatCramer

📉

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