... cryptocurrencies directly depends on demand. It is uncertain what may affect demand at any given moment. The risk of investing in Bitcoin in 2021/2022 is also tied to legislative issues, the loyalty of which to potential stability threats is difficult to predict. Bank Deposits A conservative investment method is not suitable for growing funds. Banks can hold money, but they do not generate significant earnings from interest on deposits. Due to inflation, the level equivalent to the interest rates on deposits means ...

... impact financial markets. International Events: 10:00 MSK: Turkey – Consumer Price Index (CPI) for November. This indicator reflects inflation dynamics in the country. An increase in CPI may indicate rising price pressures, influencing the Central Bank of Turkey's decisions regarding interest rates. 10:30 MSK: Switzerland – Consumer Price Index (CPI) for November. Changes in Switzerland's inflation levels affect the monetary policy of the Swiss National Bank and, consequently, the Swiss franc's ...

... purchases of cryptocurrencies. Furthermore, the successful network upgrade and transition to PoS have made it possible to earn yields from staking ETH of approximately 4–5% per annum, which also attracts long-term investors (including hedge funds and banking institutions). Institutional investments not only provide a fresh influx of money but also enhance trust in the asset—Ethereum is beginning to be regarded as a “digital asset of infrastructure class.” However, it is important to note that ...

... data. **Eurostat** will release the preliminary estimate of inflation in the Eurozone for July (flash CPI) around 12:00 MSK. It is expected that the annual growth of consumer prices will remain around 2%, with Core CPI exceeding the European Central Bank's target level. A slowdown in inflation could influence expectations regarding ECB interest rates and bond market sentiment. Additionally, final PMI indices for industrial activity in major European economies — Germany, France, the entire Eurozone,...

... pullback. Meanwhile, the long-term bullish trend of Bitcoin remains intact. Institutional funds and corporations continue to accumulate BTC, anticipating the coin's limited supply and its status as a digital analogue to gold. Analysts at investment bank Bernstein estimate that under favorable circumstances, Bitcoin could reach $150–200K by the end of the year. However, for a new breakout to occur, it needs to firmly establish itself above the previous high. If the influx of capital continues ...