Sleepy Action in Bitcoin Persists

From insights.tradestation.com

Bitcoin (BTC) traded in an apprehensive manner this week, mirroring the action in global equity markets. Concerns about a second wave of the Corona Virus are the most significant known worry for investors at this juncture. Meanwhile, central bankers around the world remain in an accommodative mood. In reference to stimulus measures Jerome Powell warned, “It would be a concern if Congress were to pull back too quickly”. On the other side of the globe, The Bank of Japan (BOJ) announced further monetary easing, causing stocks to soar. This Week’s Topics • Asset management firm Galaxy Digital and crypto exchange ... (full story)