As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood

From coindesk.com

Bitcoin (BTC) was lower for a third straight day, slipping below the $34,000 level that had been seen as a market floor in recent weeks. “Downside volatility struck,” Lennard Neo, head of research for the cryptocurrency-focused Stack Funds, wrote Thursday in a weekly newsletter. In traditional markets, European share indexes rose ahead of a press conference with European Central Bank President Christine Lagarde, after a meeting in which officials left interest rates unchanged and said they might not use the entirety of a pledged asset-purchasing program if it’s not needed. In the U.S., stock futures pointed to ... (full story)