✉news BusinessCrypto first seen 1 d ago, last 4 h ago, peak #7
Bitcoin eyes gains as investors bet on Fed pause
Original: Bitcoin headed 'in bullish direction' as investors bet on Fed pause: Chart of the Day
Bitcoin is moving in a bullish direction, according to a Chart of the Day analysis from Yahoo Finance, with traders betting that the Federal Reserve will pause interest rate hikes. Hopes of easier monetary policy are lifting risk assets, and crypto investors see the Fed's expected stance as a catalyst for Bitcoin's upward momentum.
Why now: Investors are watching Bitcoin's price action ahead of an expected Federal Reserve pause on rate hikes.
BitcoinFederal ReserveYahoo Finance
Rank over time, top of the chart is #1. 21 snapshots from 1 d ago to 4 h ago.
Evidence
- Bitcoin headed 'in bullish direction' as investors bet on Fed pause: Chart of the Day · Yahoo Finance
- Bitcoin headed 'in bullish direction' as investors bet on Fed pause: Chart of the Day · Yahoo Finance Singapore
API: https://socialmediatrends-api.osmike.com/v1/trends/863970