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Volatile week in crypto ends flat as Bitcoin holds near $26,550
A volatile week in the crypto market ended on a quiet note as Friday’s price action was subdued compared to the chop experienced since Monday, which saw Bitcoin’s (BTC) price spike $1,000 higher, only to end the week where it started. Stocks jumped at the open but fell under pressure in the afternoon as traders continued to evaluate what the Fed’s hawkish “higher for longer” stance on interest rates means for the broader economy. A late afternoon surge helped lift the major indices back into the green, but the recovery was short-lived, as the S&P, Dow, and Nasdaq finished down 0.23%, 0.31%, and 0.09%, ... (full story)
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- Posted: Sep 22, 2023 8:05pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 173
