Mainstream media sentiment shifts in favor of Bitcoin amid fiat currency woes

Cointelegraph

Published Sep 30, 2022 08:20AM ET

Updated Oct 01, 2022 10:20AM ET

Despite USD bringing an onslaught to stocks, commodities and its rival currencies, Bitcoin (BTC) holds steady at the $19,000 to $20,000 mark, leaving mainstream media no choice but to put BTC into the headlines.

American daily newspaper The New York Times highlighted BTC’s 6.5% increase in the last seven days and noted that this had caught the attention of crypto bulls and bears. Meanwhile, Fortune Magazine's crypto outlet has also compared Bitcoin's standout performance to other assets like the Japanese yen, Chinese yuan and gold, apart from the euro and pound.

Source: moneymorning.com.au

Continue Reading on Coin Telegraph