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Bitcoin Reaches Range High, but Can Its Recovery Continue?

By Staff at 2024-11-23 03:43

Sentiment: Positive

by Staff By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin climbed to above $18,000 yesterday, reaching resistance at the local range high around $18,170, before rejecting back down to $17,600. Markets were volatile yesterday as always when an FOMC meeting occurs, where the Federal Reserve released the decision of the next U.S. rate […] #blockchain #crypto, #decentralized, #distributed, #ledger Continue reading...

Categories: Opinion

Tags: #Opinion #Federal Reserve #FOMC #Inflation #Jerome Powell #rate hikes

Source Blockchain News