Analysis shows that the price of Bitcoin may be affected by the macro economy and the Fed's expansionary monetary policy.

According to AMBCrypto, Messari Crypto said that the price of bitcoin may be affected by macroeconomic events in the past few months. It said that the beginning of the rebound coincided with the fear of the RMB war between China and the United States. In addition, Tether's supply has been increasing since then, "Tether supply has been expanding. Many sources indicate that Chinese buyers have been using Tether as a bitcoin over-the-counter entry."