Home Bitcoin News As Bitcoin Teases 100-Day Common, Distinguished Merchants Say Newest Crypto Bounce Seems to be Extra Constructive Than August – CoinDesk

As Bitcoin Teases 100-Day Common, Distinguished Merchants Say Newest Crypto Bounce Seems to be Extra Constructive Than August – CoinDesk

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“Markets have leaned optimistic for many of the 12 months, solely to be served a actuality test by month-to-month financial knowledge prints fueling continued Fed hawkishness. Nonetheless, tides are doubtlessly slowly beginning to flip, with the Fed hinting at a possible slowing of price hikes, not an outright pivot,” Josh Olszweicz, head of analysis at digital asset fund supervisor Valkyrie Investments informed CoinDesk, noting the weak spot in yields and the greenback index.

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